'MfvlBfiRLINE 
MINES  CO. 


GROUND-FLOOR 
OPPORTUNITY 


*ufrMS- 

University  of  California  •  Berkeley 


=n   S 


THE 


TIMBERLINE 

MINES 

CO 


One  of  the 


BIG 


v< 


To  open  the  Tim- 
berline  —  this  has 
ever  been  the  ulti- 
mate aim  and  object 
of  the  Big  Five,  the- 
highest  perfection 
|  of  its  plans. 

^^T..^..^-,,     —,5^,^^..    .^-.^-^J. 


! 


THE 

TIMBERLINE 

MINES 
CO 


1  One  of  the 


BIG 


ffWE 

"^f^^T 


To  open  thfe  Tim- 
ber line  —  this  has 
ever  been  the  ulti- 
mate aim  and  object 
of  the  Big  Five,  the 
highest  perfection 
of  its  plans. 


THE  TIMBERLINE.--A  Section  Cut  from  the  Mountain  Above  the  Level  of  the 
Adit  Tunnel. 


H 


The  block  of  ground  shown  here  is  6.000  feet  long  and  1,850  feet  deep  at  the 
apex  of  the  mountain.  The  dip  of  the  vein,  as  determined  by  survey,  is  thirty 
Jegrees  from  a  perpendicular,  making  the  maximum  depth  of  vein  above  the  tun- 
nel level  2.050  feet.  The  average  depth  of  the  block  is  about  1,500  feet,  or  1.650 
feet  measured  on  the  dip  of  the  vein.  The  vein  out-crops  at  the  surface  nearly  the 
entire  6,000  feet,  and  is  three  to  eight  feet  wide. 


ERE  is  not  merely  "a  wedge,"  but  acres  of  gold,  all  necessary  allowance  for  pinches,  faults  and  barren 
This  is  no  figure  of  speech.  Were  that  portion  regions,  there  lies  right  here  in  this  block  enough  gold 
of  the  vein  which  lies  within  the  Timberline  to  .inspire  the  highest  confidence,  and  justify  the 


block  laid  out  flat  on  the  surface,  it  would  present  an 
area  6,000  feet  long  and   1,650  wide — 225  acres.     Nor 


money  and  effort  which  the  Big  Five  will  employ  in 
opening  this  ground,  that  its  gold  may  pour  forth  in 


would  this  be  simply  225  surface  acres.     It  would  be  ]  a  never-ending  stream  for  half  a  century. 

a  body  of  mineral  225  acres  in  area,  three  to  eight  feet  To  open  this  ground,  has  been  our  leading  pur- 


thick.     Figures  can  hardly  reach  nor  the  imagination 
grasp  the  fabulous  possibilities  of  wealth  lying  within 


pose  for  several  years,  and  to  this  end  all  our   plans 
have  been  shaped.    To  carry  out  the  great  project,  the 


such  a  mass.  Of  course,  it  is  not  claimed,  neither  i*  time  is  now  ripe.  We  are  in  every  way  amply  pre- 
it  at  all  possible  that  within  the  area  there  is  not  bar-  pared,  and  a  wide  interest  in  the  work  has  already 
ren  ground.  That  there  are  whole  stretches  whereia 
little  or  no  values  exist,  is  almost  certain.  All  experi- 


been  awakened. 

That  there  are  "acres  of  gold"  here,  many  are 
ences  in  mining  point  that  way.     Yet  after  n;  mvinced,  as  the  following  estimates  of 

Gold  in  the  Timierline  will  Show: 


Mr.  C.  W.  Per  kin*  of  Cedar  Rapid*,  on  Jan.  B,  wrote  us. 

The  average  depth  is  1.700  feet;  width  5  feet;  length  6,000  feet:  number  »i 
feet  51.000.000;  nuitrber  of  tons  5.100.000.    This,  at  $10  per  ton,  less  $2  torexpensfs 
or  $8  net,  will  produce  for  dividends  $40,800,000      It  will  require  a  mill  of  500  tons 
•  daily  capacity  3*  years  to  mill  it.  running  300  days   in   each   year      Milling  a^d 
marketing  150. ooo  tons  per  year  at  $i  net   per  ton,   will    product 
$1,200,000  annually,  or  400  per  cent,  on  a  capitalization  of  $3,000,000. 

Here  are  Or.  F.  W.  Goodall's  figure* t 

"I  take  the  Adit  and  Dew  Drop  levels  perpendicular.  300  feet  apar     ,in.i 
feet  on  the  dip.  which  is  8  1-3   per  cent,   more  than  the  perpendicular, 
basis,  I  get  5*. 747,000  cubic  feet  or  5,474,700  tons  of  ore,  which  u 
of  acotons   daily  capacity  running  seventy-five  years  to  reduce  it      The  pr  5- 
pective  net  profit  on  a  ve/y  conservative  basis,  is  certainly  fascinating,  to  siy  ;he 
least." 


Front  Or,  Stewart  of  Indiana,  come*  the  following! 

"The  average  depth  of  the  west  half,  or  3,000  feet,  is  1,750  feet  perpendicular. 
Assuming  that  the  gain  in  depth  by  the  dip  of  the  vein  30  degrees,  would  bring  the 
east  half  or  i.ooo  feet  up  to  the  average;  and  assuming  also,  that  the  increase  in 
si7t>  with  depth  will  brine  the  average  width  up  to  8  feet,  then  we  would  have  1.750 
tK>— 72,000,000  cubic  feet  or  ?.2oo.coo  tons  of  ore.    If  ten  per  cent  of  this  be 
:  ore.  then  we  would  have  720,000  tons  smelting  ore  and  of  mill  dirt  6,480.000 
tons.     To  treat  this   in   ten   v ears  of   300  working  days  each,  would  require  a  ca- 
pacity of  2,160  tons  per  day.     The  value  of  the  smelting  ore  at  $100  per  ton  is 
7a.ooo.ooo,  and  of  the  concentrating  ore  at  $20  per  ton  is  $129,600.000.  making  a 
total  valuation  of  $201,600,000.     Deducting  $2  per  ton  for  mining,  tramming  and 
milling  the  ore  $14.400  and  also  the  sum  of  $7.200.000  for  smelting  720.000  tons  of 
,  "re  or  about  925,000  tons  of  concentrates,  or  about  $4.37  p°r  ton.  would 
still  leave  for  dividends  the  handsome  sum  of  $180.000.000  or  $60  per  share  on  a 
capitalization  of  3.000,000  shares." 


It  will  be  noticed  that  in  none  of  these  estimates  is  there  my  allowance  made  for  faults,  pinches  or  barren  ground.  This  is  a 
mistake.  And,  yet,  were  half  the  ground  barren,  it  were  enough,  nor  would  half  a  century  of  mining  exhaust  the  treasure. 

These  are  a  few  of  the  replies  made  in  answer  to  the  q4er;:  "Whit  is  the  probable  amount  of  gold  in  the  Timberline?"  It  is 
an  interesting  problem  and  we  would  be  pleased  to  h«ar  from  oAers  on  this  question. 


"R" 

April   \ ,  TQOO. 


The  Tlmberline  Mines  Company  is  incorporated  for  $jo,ooo,  divided  into 
3,000,000  shares.  No  individual  responsibility.  As  one  of  the  Big  Five,  it  shares 
in  all  the  advantages  of  a  large  combination.  It  becomes  at  once  a  part  of  an 
established,  going  enterprise — one  of  the  largest  in  the  state. 


"If 


HIS  little  book  is  sent  to  you  to  gain,  if  possible,  your  attention.  Its  merits,  if  any  it  possesses,  are  not  in  ito 
originality  or  literary  value.  It  makes  no  pretense  in  that  direction.  We  will  be  perfectly  frank  with 
you.  We  want  your  co-operation — your  money — not  less  for  our  own  betterment  than  for  yours.  This 
is  the  entire  purpose  of  the  book — the  raison  detre 

We  have  formed  and  are  still  building  a  great  co-operative  gold  mining  enterprise.     If  you  are 

now  with  us,  we  invite  your  further  co-operation;  if  you  are  not,  we  ask  that,  as  the  lawyers  say,  you  take  the  matter  under 
advisement. 

If  you  know  nothing  of  gold  mining,  more  is  tb«  pity.  It  is  the  one  field  still  free  from  competition,  that  leads  to 
fortune.  Take  us  seriously.  Examine  what  we  have  here  to  say.  Weigh  carefully  the  chances;  and  if  you  do  so,  we  are 
confident  that  you  will  find  a  way  and  a  reason  to  join  us. 

Mention  this  proposition  to  your  friends  and  send  their  subscription  with  yours.  The  opening  of  the  Timberline  is  the 
culminating  effort  of  the  co-operation  of  the  Big  Five.  We  feel  sure  you  will  appreciate  these  pages,  not  so  much  for  what 
we  say  and  our  manner  of  saying  it,  but  for  the  more  practical  reason  that  here  is  an  open  door  through  which  you  may 
become  a  co-partner  and  sharer  in  one  of  the  largest  and  richest  gold  mining  propositions  that  has  ever  been  offered  in  this 
or  any  other  state. 

Co-operation  means  the  betterment  of  the  whole.  Hence,  when  we  say  that  we  want  your  money  not  less  for  our  own 
betterment  than  for  yours,  we  mean  just  that.  Co-operation  can  mean  nothing  else.  We  cannot  advance  our  interests  with- 
out advancing  yours — we  build  together,  co-workers  for  dividends  and  a  fortune.  To  assert  that  in  this  work  we  are  seeking 
your  advancement  and  yours  alone,  would  be  to  proclaim  ourselves  philanthropists.  This  wo  distinctly  are  not,  nor  would 
you  believe  it  if  we  made  the  claim.  We  are  living  in  an  age  when  the  truth  that  "A  man  alone  is  no  man,"  is  forced  home 
on  us  at  every  turn.  "Unite  or  die"  is-  the  shiboleth  of  the  times.  Shoulder  to  shoulder  we  must  work  together,  and  so 
working  under  wise  direction,  there  is  an  assurance  that  we  build  toward  fortune. 

If  these  pages  lead  you  into  into  right  paths  and  with  hands  united,  we  make  a  fortune  for  each  other,  our  mia- 
sion  is  accomplished. 


. 


The  Ground  Floor  Man, 


HE  time  to  make  an  investment  is  while  the 
enterprise  is  shaping  itself — not  after  it 
has  reached  its  perfected  form.  It  is 
hard  to  make  men  understand  this.  It 
is  hard  to  make  men  understand  that 
this,  the  formative  period  of  an  enterprise,  is  the  ground 
floor  period,  where  all  the  big  money  is  made.  The 
mistake  men  make  in  gold  mining  investments  is  in 
waiting  for  a  dead  sure  thing.  He  who  does  this,  will 
have  to  pay  dollar  for  dollar  for  everything  he  gets- 
You  can  buy  gold  dollars  for  one  hundred  cents,  but 
there  is  no  profit  in  the  investment. 

The  men  who  make  the  big  money  in  every  great 
enterprise  are  those  who  come  in  at  the  beginning. 
The  history  of  every  great  enterprise  proves  this,  and 
gold  mining  is  no  exception.  When  "Granite  Moun- 
tain" was  first  put  on  the  St.  Louis  market,  it  sold  for 
lOc.  In  six  months  it  rose  to  $10  a  share,  and  in  two 
years  reached  $75.  It  made  for  the  holders  a  hundred 
vast  fortunes  and  paid  more  than  $13,000,000  in 
dividends.  In  1886,  "Union  Consolidated"  sold  for  9c. 
and  within  the  year  rose  to  $10.  "Crown  Point,"  in 
1872,  reached  $18.25  a  share,  and  paid  in  dividends 
over  $  1 1,000,000,  and  "Consolidated  Virginia"  passed  in 
a  single  year  from  lie.  to  $65.  In  Colorado  to-day 
there  are  hundreds  of  like  instances.  Isabella  rose  in 
three  days  from  30c.  to  $1.80,  and  many  a  man  is  to- 
day happy  in  the  fortunes  it  brougt  him.  Gold  Coin 
was  chasing  for  buyers  at  3c.  two  years  ago;  to-day 
it  is  worth  $2;  Portland,  Moon-Anchor  and  a  dozen 
others  multiply  the  instances  of  fortunes  made;  but 
these  were  made,  not  by  men  who  went  in  when  the 
enterprise  was  completed,  when  the  values  were  in 
sight,  when  there  was  "a  dead  sure  thing"  all  around. 
It  was  the  ground  floor  man — the  man  who  went  in  at 
the  beginning  that  made  the  money  in  all  these  move- 
ments— is  making  the  money  to-day. 

You  have  no  doubt  a  desire  to  make  money.  Ev- 
ery man  has.  This  little  book  brings  you  that  op- 
portunity. It  presents  the  essential  facts  of  the  Tim- 
berline Mines  Company  and  its  mines.  It  is  a  portion 
of  the  Big  Five  combination — a  combination  that  has 


already  made  money  for  every  man  that  has  invested 
a  dollar  in  it.  In  this  great  combination,  four  mining 
companies  have  preceded  the  Timberline — the  Dew 
Drop,  the  Adit,  the  Ni  Wot  and  Columbia.  Taken  al- 
together, they,  with  the  Timberline,  represent  a  pow- 
erful aggregation  of  capital,  splendidly  equipped  for 
extensive  and  successful  gold  mining.  As  a  combina- 
tion, it  is  still  in  the  formative  stage — is  still,  for  the  in- 
vestor, a  ground-floor  proposition.  When  first  offered, 
"Dew  Drop"  was  bought  for  lOc;  to-day  it  is  60c.  "Adit 
went  at  12  l-2c.,  "Ni  Wot"  at  the  same,  and  to-day 
they  are  worth  36c.  to  40c.  Those  who  had  the  good 
fortune  and  the  courage  to  buy  in  at  the  earlier  stages, 
have  made  300  per  cent,  to  500  per  cent,  on  their  in- 
vestment, and  yet  the  possibilities  of  these  stocks  are 
not  exhausted.  The  enterprise  is  still  in  the  formative 
stage — is  still  a  ground-floor  proposition.  Nor  until 
these  stocks  reach  par,  till  the  actual  dividend  period 
is  reached,  will  it  be  otherwise. 

This  is  your  opportunity — to  come  into  the  Big 
Five  combination  on  the  ground-floor.  The  Timber- 
line  offers  you  this  opportunity.  The  period  of  produc- 
tion is  soon  to  begin.  Dividends  will  follow,  and  who 
can  say  that  the  story  of  "Granite  Mountain,"  "Union 
Consolidated,"  "Portland,"  "Isabella,"  will  not  be 
repeated  by  the  Big  Five.  Already  its  mines  are  well 
opened,  well  equipped,  and  in  the  Dew  Drop  mine 
alone,  engineers  have  estimated  250,000  tons  of  ore 
already  blocked  out.  The  work  of  opening  the  Adit, 
Ni  Wot  and  Columbia  is  going  forward  every  day, 
and  double  the  present  amount  will  soon  be  in  sight- 
To  bring  such  conditions,  it  has  taken  four  years  of  pa- 
tient labor  and  much  money.  The  work  and  money 
of  the  first  four  companies  have  done  this.  The  invest- 
or in  the  Timberline  gets  the  benefit  of  all  this  work. 
It  has  made  the  Timberline  Mines  Company  possible 
— has  made  it  the  most  desirable  investment  the  Big 
Five  has  ever  offered,  for  less  money  and  less  uncer- 
tainty attend  it.  Of  these  conditions,  it  is  now  your 
good  fortune  to  have  the  advantage.  In  this  feature 
alone,  there  is  money,  but  to  come  in  now,  while  the 
ground  floor  is  open  to  you,  means  fortune. 


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I^i-E&rilll 

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One  of  the   Big   Pive, 


The    Tlmberline. 


IT  IS  NECESSARY  that  a  word  be  said  here,  touching  the  relation  of  the  Timberline  to  the  great  com- 
bination— the  Big  Five.     Briefly,  the  name  "The  Big  Five"  is  only  a  term  of  convenience  and  has  no 
corporate  existence.     Under  one  management  the  Dew  Drop  Mining  Company,  the  Adit  Mining 
Company,  the  Dew  Drop  Mill  Company,  the  Adit  Tunnel  Company,  the  Sunset  Tunnel  and  Railway  Com- 
pany, the  Ni  Wot  Mining  Company,  the  Columbia  Mines  Company  and  the  Timberline  Mines  Company 

have  certain  joint  interests,  though 
each  is  a  distinct  corporation.  The 
same  advantages  that  have  existed 
and  will  continue  to  exist  for  each 
of  these  companies  through  this 
combination  are  now  extended  to 
the  Timberline. 

The  best  is  the  cheapest,  es- 
pecially when  there  is  an  opportun- 
ity to  use  the  best.  Eight  companies 
can  well  afford  to  have  the  best 
general  manager,  the  best  superin- 
tendent, the  best  engineer  and 
surveyor,  the  best  assayer  and 
chemist,  the  best  machinists  and 
mill  men  and  the  best  equipment 
in  every  department.  A  single 
mining  company  cannot  afford  the 
best  of  everything.  The  Big  Five 
cannot  afford  anything  short  of  the 
best.  The  other  expenses  of  office, 
telephone  service,  etc,,  when  divided  among  the  eight  companies,  is  a  mere  trifle,  and  these  are  all  necessary 
to  any  well  conducted  mining  enterprise.  As  a  practical,  economical  arrangement,  its  value  is  apparent.  To 
graphically  present  this  relation,  we  have  devised  this  little  wheel.  A  glance  at  this  simple  device  shows 
the  five  mining  companies,  the  Dew  Drop,  Adit,  Ni  Wot,  Columbia  and  Timberline,  forming  a  portion  of  the 
wheel's  rim,  while  the  Adit  Tunnel  and  the  Mill  companies  form  an  inner  wheel,  or  hub,  the  whole  revolving 
around  a  common  center,  or  axis— the  Sunset  Tunnel  and  Railway  Company.  "The  Big  Five"  may,  there- 
fore, be  understood  as  composed  of  two  wheels,  the  one  within  the  other,  so  related  that  the  movement  of 
one  means  the  movement  of  all. 


SUNSET  TUNNEL  R.R 


THE   GREAT   DIVIDE  —  FROM  THE     TEMPEST   SHAFT. 


The    Timberline 


Its    History. 


1WANT  no  better  evidence  of  the  practical  business  sense 
of  the  men  behind  this  work  than  that  it  is  a  part  of  the 
plan  to  drive  a  tunnel  into  the  heart  of  this  mountain." 
It  was  Colonel  Perry  of  Indianapolis  who  said  this, 
standing  at  the  collar  of  the  Tempest  shaft  which  marks 
the  geographical  center  of  the  Tiniberline  property.  The 
Colonel  is  a  clear-seeing  business  man,  at  that  time  a 
stranger  to  the  work  and  the  region.  At  his  feet,  scattered 
widely  over  the  surface,  lay  the  massed  evidence  of  mineral 
wealth.  The  outcrop  of  an  ore  vein  was  here,  unmistakable 
In  strength,  stretching  up  from  the  lower  country,  cutting 
boldly  across  the  shoulder  of  the  mountain  on  which  we 
stood,  thence  on  across  the  bottoms,  breaking  finally  against 
the  mighty  wall  of  the  Continental  divide  that  rises  to  the 
west.  From  beyond  the  point  to  the  east, 
far  below,  where  the  up-curling  smoke  and 
the  massed  buildings  mark  the  entrance  to 
the  Adit  tunnel,  In  the  clear  sunlight  of 
that  day,  the  course  of  the  great  vein  was 
evident — a  highway  of  wealth,  broad  and 
unmistakable.  The  collar  of  the  Tempest 
shaft,  near  which  we  stood,  marks  the  apex 
of  the  hill,  2,000  feet  above  the  level  of  that 
tunnel,  and  distant  from  its  mouth  9,000  feet, 
nearly  two  miles.  Connect  that  shaft  and 
tunnel  level,  cut  that  mighty  vein  on  two 
sides  to  such  a  depth,  and  thence  would  flow 
the  fabled  gold  of  Ormus  or  of  Ind  of  which 
the  poet  sings. 

To  such  reflection  the  inspiration  lay  about 
us.  Not  the  inspiration  that  touches  the  ar- 
tist soul — though  something  there  may  be  in 
that— but  the  inspiration  of  material  wealth 
that  these  hills  never  fail  to  give  him  who 
hath  the  eye  to  see.  To  the  man  of  clear 
vision,  nowhere  In  all  these  hills  lies  there 
a  nobler  or  more  inspiring  prospect.  You  are 
standing  on  a  vein  of  gold-bearing  ore  that 
stretches  down  the  mountain  two  miles  be- 
fore you.  Two  thousand  feet  below,  clear 
and  peaceful  in  the  sunlight,  lie  Ward  and 
Prances— the  one  famous  In  the  early  annals  of  the  state  for 
the  gold  it  gave  the  world,  the  other  the  recent  birth  of 
co-operative  gold  mining.  Beyond  are  the  plains,  spread- 


ing before  you  like  a  carpet  of  the  gods,  made  fair  and  fer- 
tile by  the  water  of  these  hills.  Cities  are  there,  like  jewels 
set,  made  rich  and  beautiful  by  the  gold  these  hills  have 
given.  Railroads  are  there,  linking  city,  plain  and  moun- 
tain with  their  bands  of  steel,  made  possible  by  the  wealth 
these  hills  are  pouring  forth  in  never-ending  streams.  Even 
farther  stretches  the  vision  to  Kansas,  and  beyond,  even 
to  the  shore  line  of  the  Atlantic,  where  luxury,  power  and 
privilege  have  waxed  mighty  on  the  gold  of  these  hills. 
Close  in  between  you  and  the  plains,  lie  the  green-robed 
hills,  a  tumbled  wilderness  of  beauty— a  picture  the  Master 
Hand  has  painted  for  his  children,  and  swung  it  high 
against  the  soft  blue  background  of  Colorado's  sky. 

And  these  hills,  these  nearer  ones,  what  a  story  is  there! 


AT  THE  TEMPEST  SHAFT. 


Not  one  of  them  that  does  not  bear  the  mark  of  human 
effort,  not  one  of  them  where  rotting  shaft  and  crumbling 
cabin  does  not  tell  something  of  the  mingled  comedy  and 


—5- 


tragedy  of  human  life— the  hope,  despair,  the  joy,  sorrow, 
success,  failure  and  death— the  whole  complex  struggle  that 
ever  attend  the  foot  of  human  progress.  There  is  in  such 
a  picture  the  inevitable  touch  of  pathos,  for  the  mind  does 


TIMBEHLINE  OHE  AT  THE  DIANA. 

not  readily  distinguish— sees  but  one  side  of  the  picture. 
Tabor,  who  died  penniless,  was  a  pathetic  picture.  Men 
forgot  the  millions  he  gave  to  the  world.  Tombstone,  Ari- 
zona, Is  a  pathetic  picture  of  desolation  to-day.  More 
than  $200,000,000  came  from  that  ground  to  enrich  the 
world.  So  these  hills  we  are  looking  at,  but  a  single  side  of 
the  picture  presents  itself.  Millions  have  gone  out 
from  here  to  enrich  the  world:  other  millions  are 
going  out  to-day,  and  buried  in  their  depths 
are  still  other  countless  millions  awaiting 
the  magic  touch  of  nineteenth  century  prog- 
ress to  set  them  free.  The  measure  of  the 
future  is  the  past.  But  what  these  hills  have 
done  is  but  an  intimation  of  what  they  will 
yet  do.  It  is  an  intimation  that  carries  with 
it  an  inspiration.  It  says  to  the  clear-seeing 
man  of  to-day:  "Couple  a  broader  experi- 
ence, a  higher  skill  and  an  equal  courage  to 
the  lines  these  earlier  men  have  marked  out 
for  you,  and  no  man  can  properly  measure 
the  wealth  that  awaits  you  here."  There  are 
men  who  know  and  realize  this— few,  but 
they  are  the  chosen  ones,  the  epoch-makers 
of  the  commercial  world.  And  standing  at 
the  collar  of  the  Old  Tempest  shaft,  as  we 
stood  there  that  day,  that  man  were  blind 
indeed  who  fails  to  note  the  possibilities  of 
•wealth  the  situation  offers. 

Forty  years  ago  here  was  an  unbroken 
•wilderness.    The  pick  of  the  prospector  nor 
the  axe  of  the  woodman  had  not  touched  the 
solitude.     Silent,   impassive,   the  snow   capped  Arapahoes 
looked  down  upon  the  scene  for  ages,  nor  gave  a  hint  of 
the  treasure  that  lay  buried  at  their  feet.    Still,  silent  and 


watchful  they  stand — these  mighty  guardsmen— but  their 
secret  is  no  longer  kept.  These  forty  years  have  wrought  a 
mighty  change  in  that  wilderness.  Where  the  simple  savage 
with  bow  and  arrow  and  spear  hunted  wild  game,  the  white 
man's  pick  seeks  gold.  Where  the  smoke  of  the 
mniitive  camp  fire  curled  up  through  the  trees,  the 
<moke  of  mill  and  mine  and  busy  settlement  rises. 
Tlie  winding  trails  that  knew  only  the  press  of 
ndian  feet  are  now  the  highways  of  commerce — 
•ailroads  are  here,  and  their  wheels  blend  in  mu- 
;ical  discord  with  the  pound  of  stamps  and  the 
leavy  rumble  of  the  drills. 

Among  those  who  first  entered  the  region— with. 
Oeardorff,  who  opened  the  Columbia,  and  David- 
;ou,  whose  ventursome  spirit  first  revealed  the 
reasures  of  the  Nl  Wot— was  a  man  named  Hig- 
dnbothem.  He  is  an  old  man  now,  if  still  living, 
md  in  his  time  was  as  strong  and  ventursome  a 
<pirit  as  ever  entered  these  hills.  The  really  strong 
nen  are  few  in  any  number,  but  these,  like  Dear- 
lorff  and  Davidson,  never  fail  to  leave  an  impress- 
>f  themselves.  These  are  the  unconscious  makers 
>f  history,  and  had  this  man  done  nothing  more 
•ban  to  link  his  name  with  the  great  vein  of  gold- 
'jearing  ore  that  cuts  its  way  so  boldly  from  Cali- 
fornia gulch  up  across  the  shoulder  of  Bald  moun- 
tain, he  had  done  enough.  The  shaft  that  marks 
the  apex  of  the  mountain,  spoken  of  here  as  the 
Tempest  shaft,  has  long  been  better  known  as  the  Higgin- 
bothem  shaft.  Beginning  at  a  point  where  now  a  cluster  of 
buildings  marks  the  entrance  to  the  Dew  Drop  mine,  this- 
man,  in  the  early  'GO'S,  traced  this  ore  through  a  waste  of 
wood  and  slide  to  its  biggest  and  richest  outcrop,  and  there, 
in  a  region  of  perpetual  wind  and  almost  perpetual  snow, 
sank  his  shaft  and  packed  his  gold  on  mule-backs  down  the 
mountains.  Rich  it  must  have  been,  rich  it  certainly  was, 
for  the  chronicles  say  that  out  of  the  shallow  shaft,  un- 
der conditions  that  we  of  this  day  can  little  understand, 


OX  THE  TOP  OF  BALDMOtTXTAIX. 

Higginbothem  made  his  stake.  Was  It  a  million?  Hardly. 
Was  it  but  a  few  thousands?  May  be.  We  do  not  know. 
He  was  a  patient,  silent  man,  this  Higginbothem,  and  the 


secret  of  that  old  shaft  is  his.  And  the  old  shaft,  like  the 
old  man,  still  keeps  the  secret.  To  this  point  thousands  have 
gone  in  the  years  that  have  since  passed;  hundreds  of  those 
whom  the  Big  Five  people  have  asked  into  the  hills  have 
climbed  the  long  trail  that  twists  its  way  through  the  sweet- 
scented  pines  off  the  mountain  side,  and  have  looked  down 
Into  its  depths.  A  dirt-roofed  log  cabin  covers  the  entrance. 
For  thirty  years  it  has  stood  there,  eleven  thousand  feet 
above  the  level  of  the  sea;  wind  swept,  storm  beaten,  silent 
and  unmoved  as  the  mountains  that  rise  behind  it.  It  is 
full  of  snow— the  old  shaft.  You  cannot  enter,  if  you  would, 
nor  would  you,  if  you  could.  Tons  of  ice  are  below.  No 
winds  so  hot  or  sun  so  fierce  as  to  pierce  its  depths.  The 
secret  of  that  old  shaft  is  safe,  and  the  breath  it  sends  to 
meet  your  face  on  a  July  day,  has  something  uncanny  in  it. 
It's  not  the  cold  that  sends  the  creepy  shudder  through  you 
as  you  bend  above  it.  In  that  breath  there  is  something 
more  than  cold.  Nor  is  the  effect  lessened  when  you  look 
about.  Grass  there  is,  and  flowers  and  trees— great  gnarled 
and  twisted,  ugly,  distorted  trunks— not  one  stands  up- 
right; but  hugging  the  rocks— tree  and  grass  and  flowers 
seem  in  desperate,  clinging  misery  to  ask  of  the  eternal 
winds  the  right  to  live.  Something  of  that  feeling  you  your- 
self now  have,  as,  looking  up  into  the  hot  July  sun,  you 
fcring  your  coat  closer  about  you  and  brace  your  muscles. 

To  enter  such  a  region,  where  did  this  man  who  made 
this  shaft;  to  live  and  delve  here;  alone  to  face  the  eternal 
rigors  of  this  hill— this  you  cannot  understand.  Unless  per- 
chance you  know  something  of  the  human  thirst  for  gold. 
Then  It  is  all  made  clear.  Pick  up  the  pieces  that  lie  scat- 
tered about  you.  There  is  gold  in  them.  Turn  to  the  east 
or  west,  north  or  south;  note  the  tumbled 
masses  of  virgin  ore  that  bestrew  the  ground 
hundreds  of  feet  on  every  side;  measure 
them,  sound  them,  there  is  gold  in  them. 
These  are  but  the  outcrop  of  a  mighty  ore 
vein  that  at  this  point  reaches  the  climax  of  • 
its  strength— but  the  mere  blossom  of  a 
plant  whose  golden  roots  strike  to  the  por- 
phyry heart  of  Bald  mountain.  'Tis  no  com- 
mon plant  that  bears  such  blosson,  and  this 
fae  knew  who  struck  the  first  pick  into  this 
surface.  Do  you  understand  it  now?  Higgin- 
bothem  was  a  gold  seeker— this,  and  noth- 
ing more.  It  was  not  in  his  thought  to  make 
history,  to  blaze  the  way  for  future  genera- 
tions. But  he  has  done  this.  The  shaft  he 
sank  there  thirty  years  ago  laid  not  merely 
the  foundation  of  his  own  fortune.  In  that 
work  he  pointed  the  way  to  vaster  things— 
to  achievements  and  wealth  that  in  those  early 
days  there  were  none  so  bold  to  even  dream  of. 

Thirty  years!    Its  possibilities  known  to 
many,  and  yet  there  it  stands  to-day,  Just  as 
he  left  it,  who  took  his  fortune  from  it.  That 
seems   incredible.    Let  us  look  at  it.    The 
Timberline,  as  its  name  implies,  lies  far  up 
the  mountain— right  on  the  verge  of  eternal  snows,  eleven 
thousand  feet  above  the  sea.   It  is  a  peculiarity  of  the  veins 
of  this  region  that  after  the  first  fifty  or  one  hundred  feet, 
the  gold  is  no  longer  free — cannot  be  taken  out  except  by 
the  use  of  expensive  machinery.  In  his  work  Hlgginbothem 
bad  reached  that  point.    To  go  further  required  big  money 
for  mill  building,  which  he  had,  and  skill,  which  he  nor  the 
men  of  that  time  did  not  have.    Under  such  conditions  to 


go  further  was  impossible.  Other  fields  of  seeming  equal 
promise  were  opening.  Thither  he  went,  and  in  the  years 
that  followed- -the  Timberline  was  forgotten.  Even  If  the 
skill  of  that  time  was  equal  to  extracting  the  gold,  the  In- 
accessible nature  of  the  ground  prohibited  further  work.  To 
reach  the  mine  there  was  but  one  known  method— a  method 
until  recently  little  known  in  Colorado.  This  Is  to  drive  a 
tunnel  Into  the  base  of  the  mountain.  Such  a  plan  would 
cut  the  ore  2,000  feet  deep.  But  a  two-mile  tunnel  meant 
nerve  and  capital— a  combination  by  no  means  so  common 
as  we  sometimes  think.  So  while  such  a  project  for  the  big 
mine  on  the  hill  was  often  planned,  nothing  came  of  It. 

In  the  early  spring  of  '94,  the  men  who  have  since  formed 
and  built  up  the  Big  Five  combination  first  came  upon  the 
ground.  They  were  progressive  men,  with  an  eye  single  to 
the  possibilities  of  this  neglected  region.  Beginning  with 
the  opening  of  the  Dew  Drop,  the  High  Line,  the  XI  Wot 
and  the  Columbia,  they  kept  well  in  hand,  but  away  from 
public  attention,  the  ultimate  aim  and  crowning  purpose  of 
their  work— the  opening  of  the  Timberline.  Like  Higgin- 
bothem,  who  first  traced  the  vein,  they,  too,  followed  it- 
traced  it  foot  by  foot,  two  miles  up  the  mountain,  set  their 
stakes  and  made  their  purchases.  Ready  for  action  then, 
they  turned  loose  the  drills  and  for  three  years  have  pound- 
ed their  way  toward  the  final  goal.  What  in  the  meantime 
they  have  done,  is  a  matter  of  recent  history.  What  remains 
yet  to  be  done,  is  the  thing  most  worth  doing — a  fitting 
crown  of  a  great  work.  That  they  will  do  this  thing  there 
Is  no  doubt.  That  It  Is  worth  doing,  every  man  concedes. 
Indeed,  there  is  yet  to  be  found  a  man  that  has  been  upon 
the  ground  who  does  not  see  at  once — looking  at  the  length 


AT  THE  DIANA  SPRING. 

and  strength  of  the  vein,  looking  at  the  depth  to  which  the 
tunnel  will  cut  the  mountain— that  right  here  He  the  great- 
est possibilities  of  gold  mining  the  mountains  of  Colorado 
have  ever  shown.  The  agreement  of  opinion  on  this  point 
Is  common,  best  expressed  In  the  language  of  Colonel  Perry: 
."I  want  no  better  evidence  of  the  practical  business  sense 
of  the  men  behind  this  work,  than  that  it  is  a  part  of  the 
plan  to  drive  a  tunnel  into  the  heart  of  this  mountain." 


—7- 


THE  DIG  FIVE  WOHKS— GEKEKAL  Vll.w. 


The  Dew  Drop  Mill  and  Power  House. 


THE  object  of  the    Dew     Drop  Mill    Company  Is  to  pro- 
vide as  nearly  as  possible  a  perfect  mill  and  power 
plant;  to  furnish  the  power  to  drive  the  Adit  tunnel 
and  work  such  mines  as  may  be  opened  up  through 
r.he  tunnel;  to  furnish  power  for  electric  motors,  light  and 
artificial  ventilation  if   needed;    to    treat    all  ore  coming 
through  the  tunnel  and  extract  the  gold  at  the  least  cost. 

As  originally  planned  the  mill  was  to  start  in  a  small 
way  first,  concentrating  the  ore  and  enlarging  from  time  to 
time  as  the  development  of  the  mines  opened  might  re- 
quire, improving  at  every  point,  until  a  perfect  reduction 
plant,  equal  to  all  future  demands  was  established. 

ORGANIZATION:     The    company    is    capitalized    for 
150,000  shares  at  a  par  value  of  $1  each.    There  are  nine 
directors  and  up    to  the    present  time  there  has 
been  sold     76,000  shares  of  stock  at  par.       This 
money  has  been  used   in  building  the  present  mill 
and  power     plant.    The  outstand  ing  stock  of  the 
company  at  the  present  time  Is  owned  as  follows: 

Shares. 

Dew  Drop  Mining  Company 15,000 

Adit  Mining  Company 20,000 

Nl  Wot  Mining  Company 20,000 

Columbia  Mines  Company 20,000 


the  dwelling  occupied  by  the  manager,  and  the  mill  and 
power  plant. 

POWER  PLANT:  The  power  plant  is  the  largest  plant 
for  mining  purposes  in  Colorado.  The  building  is  an  abso- 
lutely fire-proof  steel  and  stone  structure,  40x80  feet,  two 
stories  with  large  rooms  under  the  roof,  making  a  third 
story.  The  large  air  compressor  in  this  building  has  an  in- 
take cylinder  25x36  inches,  and  a  high-pressure,  15x36  inches, 
driven  by  two  Reynolds-Corliss  engines  16x36  Inches.  At 
eighty  revolutions  a  minute  it  compresses  about  1,800  cubic 
feet  of  free  air,  and  is  capable  of  driving  twenty  of  the 
largest  power  drills,  or  forty  of  the  new  model  Leyners.  In 
this  machine  the  compression  is  facilitated  by  the  most  per- 
fect cooling  arrangement  possible.  The  Intake  pipe  has  a 


75,000 

The  small  balance  is  owned  by  the  directors 
of  thecompanies,each  one  having  a  sufficient  amount 
to  make  him  a  legal  director  under  the  statute 
laws  of  Colorado.  The  company  has  no  indebted- 
ness, as  will  be  seen  by  the  state  ment  appended. 

PROPERTY  OWNED. 

GROUND.   The  Dew  Drop  Mill  Company  owns  about 
three  acres  of  land,  on  which  is  the  Big  Five  office, 


DUMP    AXL)  THACKAGE  SYSTEM 


-8- 


diameter  of  ten  inches  and  the  high-pressure  or  delivery 
pipe  six  inches.  The  machine  delivers  into  a  large  air  re- 
ceiver and  from  the  air  receiver  the  compressed  air  is  con- 
veyed to  the  mines  through  a  six-inch  pipe.  A  smaller  com- 
pressor, in  use  for  two  years,  is  In  the  same  building.  This 
Is  a  12xl4-inch  Leyner  compressor,  capable  of  driving  two 
or  three  of  the  Leyner  drills  or  one  of  the  larger  drills.  This 
can  be  started  up  at  a  moment's  notice  when  the  larger 
machine  Is  not  needed,  or  for  any  cause  should  be  tempo- 
rarily disabled. 

In  addition  to  the  compressors  there  Is  a  125-horse 
power  engine  capable  of  driving  all  the  machinery  required 
In  the  mill.  In  the  lower  part  of  the  mill  is  a  small  35- 
horse  power  engine,  which  will  be  used  to  drive  the  tables 
and  jigs.  There  is  also  space  In  the  engine  room  for  a  dy- 
namo to  light  the  mines  and  furnish  power  for  tramming 
ore  and  waste.  In  the  boiler  room  there  are  two  80-horse 
power  engines  and  room  for  two  others  of  like  capacity. 
In  the  south  end  of  the  second  floor  Is  a  large  machine  shop, 
adjoining  which  are  tool  and  machine  rooms.  In  the  center 
of  the  building  is  the  large  company's  store  room  containing 
all  necessary  mine  supplies.  Adjoining  this  is  the  miners' 
quarters — a  dry  room  for  the  use  and  convenience  of  the 
miners,  supplied  with  wash  basins  and  hot  and  cold  water. 
There  is  a  carpenter  shop  on  the  north  end. 

Along  the  west  front  of  the  power  house  is  the  switch 
of  the  Colorado  &  Northwestern  Railroad.  And  from  the 
tracks  is  a  chute  through  which  the  coal  Is  dumped  direct 
to  the  boiler  room  below.  There  Is  storage  space  for  100 
tons  of  coal  provided.  Trolleys  and  tracks  are  provided 
along  this  front  of  the  building  extending  out  over  the 
tracks  of  the  Colorado  &  Northwestern  in  such  a  way  that 
the  heaviest  piece  of  machinery  can  be  lifted  easily  from 
the  cars  and  run  into  the  machine  shop  or  lowered  into  the 
engine  room.  The  above  cut  shows  the  building  from  the 
east  side. 

THE  MILL. 

The  Dew  Drop  mill  is  a  100-ton  concentrating  mill  and 
Is  fitted  with  one  of  the  largest  Blake  rock  crushers,  three 
sets  of  Cornish  rolls,  two  elevators,  nine  jigs,  two  Wood- 
bury  tables  and  the  necessary  trommels,  hydraulic  slzers 
and  conveyors. 

METHOD:  The  method  or  plan  of  concentration 
iu  the  Dew  Drop  mill  is  what  is  known  as  wet  con- 
centration, and  is  best  adapted  to  the  treatment  of 
sulphide  ores.  In  practical  operation  four  or  five 
tons  of  ore  as  it  comes  from  the  mine  Is  run  through 
and  Its  value  centered  in  one  ton  of  what  is  called  a 
concentrate. 

In  the  ores  of  Ward  district  we  find  the  pyrites- 
iron  and  copper  sulphide— contain  all  the  values. 
The  quartz  matrix— silica— Is  barren.  Therefore,  to 
get  the  values  It  Is  only  necessary  to  save  this  iron 
and  copper  sulphide. 

There  seems  to  be  still  a  difference  of  opinion  as 
to  the  better  way  of  crushing  the  ores  in  order  to 
save  the  largest  per  cent  of  this  sulphide.  There 
are  two  methods  of  crushing  in  common  use:  By 
stamps,  crushing  as  fine  as  30  or  40  mesh;  and  by 
rolls,  which  reduces  the  ore  gradually. 

CRUSHING  BY  STAMPS:  In  crushing  sul- 
phide ore  with  stamps,  the  portion  of  the  ore 
which  comes  under  the  stamps  Is  crushed  too 
fine  so  that  a  small  portion  of  the  sulphide 


will  readily  flpat  away  in  the  water.  In  crushing  the 
sulphide  ores  for  concentration,  fine  crushing  should  be 
avoided.  By  using  stamps  this  cannot  be  djne.  The  fines 
will  be  In  excess,  because  both  the  silica  and  sulphide  are 
pounded  In  the  mortar  until  the  water  passing  through  the 
mortar  carries  it  off  through  the  screen.  The  Iron  sulphide 
which  contains  the  value,  being  much  softer  and  more  fria- 
ble than  the  quartz,  naturally  pounds  up  very  much  finer 
than  the  quartz.  Therefore,  In  trying  to  afterwards  make 
a  separation,  the  sulphides  have  a  tendency  to  wash  off  and 
run  away  ahead  of  the  quartz,  making  it  Impossible  to 
avoid  great  waste. 

CRUSHING  BY  ROLLS:  On  the  other  hand,  when 
ore  passes  through  rolls  it  goes  with  a  rolling  motion,  which 
has  a  tendency  to  crack  out  the  iron  and  copper  sulphide, 
leaving  It  In  its  natural  cubical  form.  Indeed,  in  the  use  of 
rolls  a  large  percentage  of  the  mineral  can  be  saved  as 
large  as  hickory  nuts,  and  a  nearly  equal  amount  as  large 
as  grains  of  corn  auj  wheat.  At  least  50  per  cent,  of  the 
sulphide  can  be  saved  as  coarse  or  coarser  than  wheat  ker- 
nels. This  leaves  only  50  per  cent,  of  the  sulphide  in  a 
form  as  fine  as  it  usually  comes  from  a  stamp  mill.  It  Is 
true  that  the  silica,  as  It  washes  from  the  jigs,  contains 
minute  particles  of  sulphide,  and  this  necessitates  what  we 
call  the  regrinding  or  recrushing  of  the  jig  tailings.  To 
correct  the  waste  in  this  form  a  finer  set  of  rolls  should  be 
employed,  making  a  finely  granulated  product,  out  of  which 
the  sulphide  can  be  taken  on  Wllfley  tables.  This  method, 
we  find,  would  give  the  highest  possible  saving. 

Here  is  a  milling  maxim— a  self-evident  truth:  Every 
time  you  break  a  piece  of  ore,  be  it  large  or  small,  there  is 
a  certain  minute  percentage  of  loss.  If  is  unavoidable. 
Therefore,  in  concentration,  break  your  ores  as  little  as 
possible;  or,  to  reverse  the  statement,  save  all  you  can  as 
coarse  as  possible.  We  hand-sort  the  ore  and  save  all  we 
can  in  large  blocks  without  letting  it  go  to  the  mill  at  all. 
The  rest  is  run  to  the  mill,  where  the  same  thing  is  done 
by  machinery.  This  is  the  whole  principle. 

We  have  already  run  through  the  Dew  Drop  mill  more 
than  4,000  tons  of  ore  and  we  found  by   assay  tests  made 
from  samples  taken  every  thirty  minutes,  of  crude  ore,  tailings  . 
and  concentrates,  that  with  rolls  and  jigs  alone,  we  saved  75 


MILL  AXD   POWEH    HOUSE. 


-9— 


per  cent,  of  the  values.  The  loss,  25  per  cent.,  was  in  jig  tail- 
ings and  fines.  By  crushing  the  jig  tailings  to  20  mesh,  all 
the  iron  is  freed  and  with  late  improvements  for  handling 
tailings,  from  60  to  80  per  cent,  of  the  remaining  25  per  cent, 
will  be  saved,  raising  the  total  saving  to  95  per  cent. — there- 
abouts. We  gave  the  mill  some  very  severe  tests.  We  tried 
waste  and  low  grade  rock  that  gave  a  value  of  less  than  81  per 


perfection,  but  furnaces  must  be  added  that  the  bullion 
may  be  produced  right  here  on  our  own  ground. 

Let  me  make  this  point  clear:  All  these  improvements 
and  additions  to  the  mill  will  be  provided  for  and  paid  for 
by  the  sale  of  treasury  stock  in  the  different  mining  com- 
panies already  organized  and  others  that  will  be  organized 
in  the  future  as  the  tunnel  is  extended  and  new  mines 
opened.  All  the  profits  derived  from  the  milling 
of  ore  in  the  days  to  come  will  be  turned  over  to 
the  different  stockholders  as  dividends.  It  is  the 
same  with  tne  mill  company  as  it  is  with  the  tun- 
nel company:  All  expense,  present  and  future, 
for  driving  the  tunnel  will  be  provided  from  the 
sale  of  treasury  stock  in  the  mining  companies: 
and  the  returns  on  all  the  ore  discovered  and 
taken  out  will  be  paid  back  to  the  stockholders  as 
dividends. 

Statement  showing  the  condition  of  the  Dew 
Drop  Mill  Company  March  31,  1900 : 

RESOURCES. 

Mill,  power  plant  and  equipment $78,785.63 

Boulder  First  National  Bank 8  75.09 

W.P.Daniels 376.74   i 


Sundry  persons. 


551.83 
.     1,100.95 

$80,438.41 


LIABILITIES. 


C.  4  X.   CAHS  AT  MOUTH  OF  TUXXEL. 

ton,  and  made  a  product  worth  $25  per  ton.  Ten  and  twelve 
dollar  ore  gave  the  highest  percentage  of  saving  with  jigs 
alone — a  good  indication. 

Within  the  last  few  months  much  has  been  done 
to  bring  the  mill  to  a  high  state  of  efficiency.  It  has  been 
connected  up  with  the  power  house;  a  new  main  line  shaft 
has  been  placed;  various  adjustements  of  elevators  and 
jigs  have  been  made,  and  the  mill  is  now  ready  to  start  up 
with  a  promise  that  it  will  do  excellent  work.  In  ad- 
dition to  thse  changes  there  has  been  just  added,  at  an  ex- 
pense of  $5,000,  a  series  of  steel  bins  and  an  ore  sorting 
house.  The  bins  have  a  storage  capacity  of  1,000  tons. 

Below  these  bins  a  granite  foundation  is  already  in  for 
a  large  rotary  rock  breaker  with  a  capacity  of  twelve  to 
fifteen  tons  an  hour,  300  tons  a  day  of  twenty-four  hours. 
From  this  rock  breaker  an  elevator  will  be  constructed  to 
convey  the  ore  into  the  upper  part  of  the  mill,  where  it  can 
be  passed  through  sizers  and  delivered  to  the  different  bins 
and  rolls  as  required. 

In  the  lower  end  of  the  mill  the  Wilfiey  tables  will  be 
placed  for  handling  the  finer  product;  on  the  lower  floor  a 
dryer  will  be  placed,  where  all  concentrates  will  be  dried  for 
shipment. 

As  it  now  stands,  the  Dew  Drop  mill  is  ample  for  the 
present  needs  of  the  mining  companies  owning  the  same; 
but  it  is  evident  from  the  work  that  we  have  already  car- 
ried on  in  Ward  camp,  that  when  the  tunnel  reaches  and 
develops  the  Columbia  mine  and  extends  on  west  to  the 
Timberline,  and  the  present  milling  facilities  will  be  found 
altogether  inadequate.  It  will  be  later  necessary,  not  only 
to  have  a  mill  of  great  capacity  in  the  highest  degree  of 


Capital  paid  in — 

Dew  Drop  Mining  Company 815,000 

Adit  Mining  Company 20,000 

Ni  Wot  Mining  Company 20,000 

Columbia  Mines  Company 20,000 

Sundry  persons 950 


875,950.00 

Due  the  Adit  Mining  Company 357.28 

Due  the  Adit  Tunnel  Company 1,647.71 

Power  operation 1,647.64 

Sundry  persons 321.78 

880,438.41 

The  above  is  a  financial  statement  of  the  condition  of 
the  Dew  Drop  Hill  Company  on  the  last  day  of  Ma  rch 
1900;  and  it  is  to  secure  a  share  in  this  mill  and  an  interest 
in  this  company  that  the  Timberline  Mines  Company  will 
probably  invest  $40,000.  This  gives  every  person  purchasing 
stock  in  the  Timberline  Company  an  interest  in  the  Dew  Drop 
Mill  Company.  This  is  one  of  the  reinvestments. 

"Two  men  and  a  general  utility  man  to  look  after  convey 
ors,  crusher,  loading,  etc.,  will  be  all  the  help  needed.  And 
say  the  wages  are  83.50,  85  and  83,  respectively— $23  for  the  24 
hours— &20  for  fuel,  a  liberal  estimate;  this  makes  a  cost  of 
21*2  cents  per  ton,  without  allowance  for  stoppages  and  re- 
pairs, oil,  etc.,  but  there  can  be  added  nearly  100  per  cent,  and 
the  cost  of  treating  200  tons  a  day  in  the  Dew  Drop  Mill  will 
not  exceed  40  cents  a  ton. 

One  little  point  in  connection  with  the  Dew  Drop  mill 
should  not  be  lost  sight  of:  That  the  money  now  paid  in  by 
the  Timberline  Mines  Company  is  on  exactly  the  same  basis, 
shares  in  all  profits  just  as  does  the  money  paid  in  to  build 
the  Dew  Drop  mill  by  the  stockholders  in  the  Dew  Drop 
Mining  Company  three  years  ago,  giving  Timberline  stock- 
holders the  advantage  of  the  use  of  that  money  for  three 
years.  Three  years  later  than  the  first  investment  they 
come  in  and  share  all  the  profits  equally.  This  is  the  point. 


—JO— 


ADIT  TtTJf  JfEL    EXTBANCE. 


Adit  Tunnel  System, 


HAT  HAS  come  to  be  known  as  the  Adit  tunnel  sys- 
tern,  IB  Ward  district,  was  inaugurated  something 
more  than  three  years  ago.    In  its  inception  it  was 
planned  to  open  the  Adit-Dew  Drop  lead  a  distance 
of  fi.OOO  feet— the  total  length  of  the  lead    owned  by  the  Adit 
Mining  Company.    The  adoption  of  this  plan  for  opening 
the  lead  was  done  after  a  very  careful  study  of  the  situa- 
tion and  a  perfect  knowledge  of  the  wealth  of  mineral  that 
lay  in  its  course.    It  was  seen  from  careful  surveys  made 
that  the  properties  owned  by  the  Adit  Mining  Company 
could  be  opened  to  a  maximum  depth  of  1,150  feet,  and  If 
extended  westward  in  the  same  course  for  an  additional 
3,000   feet,   the  Timberline  country  could  be  opened  to  a 
depth    of  i  ,800  feet  or  more.    At  a  point  in  California  gulch 
a  site  was  selected  and  a  304-foot  cross-cut  run  to  the  lead. 
This  point  was  carefully  selected  and  sufficient  ground  for 
dump  and  mill  privileges  secured.    A  concentrating  mill  with 
a  daily  crushing  capacity  of  100  tons  was  built  at  the  mouth 
of  the  tunnel,  and  here  was  installed  a  compressor  plant  for 
driving  machine  drills.     A  complete  forge  and  trackage  sys- 
tem was  established  and  the  work  of  driving  has  been  stead- 
ily pushed  for  the  past  fifty  months.    In  that  time  a  total 
distance  of  3,781  feet  on  the  main  line,  and  1,788  feet  on  the 
North  Branch  has  been  made  and  the  New   California  and 
Dew  Drop  mines  opened  from  end  to  end.     The  end  of  the 
tunnel  is  into  the  Highline  ground    about    800    feet.    The 
maximum  depth  at  present  attained  is  700  feet.    As  stated 
above  the  location  of  this  tunnel  was  very  carefully  select- 
ed, its  projectors  realizing  its  immense  future  value  as  a 
common  carriers  of  ores  and  a  drainage  system,  entirely 
apart  from  the  value  of  the  mineral  which  would  be  opened 
In  its  course.    To  fully  appreciate  this  an.  examination  of 
the  contour  and  plat  of  the  country,  on  center  page  map  will 
show  that  the  Adit  tunnel  occupies  the  central  portion  of  the 
mineral  belt  and  is  the  lowest  practical  point  in  the  district. 
The  plane  of  the  tunnel  extended  in  any  direction  into  the 
district  cuts  every  point  from  300  feet  to  1,800  feet.     Being 


Its  Possibilities. 

as  has  been  said,  in  the  very  center  of  the  mineral  district,  any 
point  can  be  reached  in  a  few  hundred  feet — less  than  9,000 
feet  will  penetrate  the  remotest  points — it  is  evident  that  the 
Adit  tunnel  as  a  common  carrier  of  ores  and  a  drainage  sys- 
tem becomes  of  immense  commercial  importance. 

To  better  understand  its  commercial  importance,  the 
working  capacity  of  the  tunnel  as  projected  should  be  noted. 
The  bore  is  eight  by  eight  and  one-half  feet  in  the  clear; 
there  are  double  tracks  the  entire  length,  twenty-four-inch 
gauge,  laid  on  sawed  ties.  The  rails  are  twenty-pound  steel. 
Beneath  the  track  is  a  closely  boxed  waterway,  twelve 
inches  deep  and  twenty  Inches  wide,  having  a  drain- 
age capacity  equal  to  a  discharge  of  three  hundred 
cubic  feet  of  water  per  minute — more  water  than 
the  whole  region  is  likely  to  ever  furnish,  no  mat- 
ter to  what  extent  the  tunnel  system  may  be  extended.  The 
grade  is  one-quarter  of  one  per  cent. — three  inches  to  the 
hundred — and  the  ore  cars  in  trains  pass  and  repass,  requir- 
ing the  least  possible  power.  Planned  and  equipped  in  this 
way,  one  thousand  tons  of  ore  and  waste  can  be  handled 
daily  without  in  the  least  taxing  the  capacity  of  the  tunnel 
At  an  average  charge  of  50  cents  a  ton,  the  ultimate  daily  rev- 
enue of  the  tunnel  will  reach  $500,  or  $150,000  a  year,  ex- 
clusive of  the  tax  for  drainage,  which  can  be  levied  on  all 
mines  reached  by  the  system,  which  will  raise  its  total  an- 
nual revenue  to  a  quarter  of  a  million.  Another  point  tend- 
ing at  once  to  increase  the  commercial  value  of  the  tunnel 
is  the  fact  that  the  present  mill  standing  at  the  mouth  of  the 
tunnel  offers  in  its  situation  and  plan  an  opportunity  for  the 
establishment  right  here  of  an  immense  mill  and  reduction 
plant,  which  will  make  of  this  point  the  business  center  of 
the  entire  region,  and  secure  to  the  tunnel  for  all  time  the  de- 
livery of  the  ores  of  the  district.  It  is  conservatively  esti- 
.mated  of  the  joint  enterprise  of  mill  and  tunnel,  when 
worked  out  to  its  highest  degree  of  perfection,  that  the  an- 
nual earnings  will  exceed  $500,000,  which  means  big  and  con- 
tinuous dividends  to  all  interested.  This  is  of  course  entirely 


—II— 


aside  from  the  value  of  the  ores  handled  and  treated,  which 
may  be  safely  placed  at  §1,000,000  to  82,000,000  annually. 

But  the  volume  of  money  and  business  involved  in  an 
enterprise  of  such  stupendous  possibilities,  it  was  early 
seen,  was  hardly  within  the  province  of  a  mining  company 
to  undertake.  It  was  seen  that  a  mining  company,  attempt- 
ing to  extend  its  operations  along  such  lines,  would  meet 
with  many  entanglements,  and  could  not  secure  to  itself  the 
highest  benefits.  At  the  same  time  the  Adit  Mining  Com- 
pany was  not  disposed  to  fail  of  securing  to  itself  the  bene- 
fits of  its  foresight  and  enterprise.  These  considerations 
eventually  led  to  the  organization  of  the  Adit  Tunnel  Com- 
pany, which  is  really  a  wheel  within  a  wheel,  whose  business 
it  will  be  to  direct  and  control  the  affairs  of  the  Adit  tunnel 
in  its  contemplated  extension  to  the  entire  district,  in  the  in- 
terest of  all  mines  reached.  The  organization  of  this  company 
simplifies  operations  and  insures  the  continual  care  and  the 
uninterrupted  progress  of  the  Adit  tunnel. 

Before  passing  to  another  phase  of  this  enterprise,  it 
might  be  well  to  call  attention  to  the  advantages  which  the 
tunnel  system  of  opening  and  operating  mines  has  over  all 
other  methods — a  feature  that  originally  prompted  this  un- 
dertaking, and  is  indeed  the  only  excuse  for  its  existence.  It 
has  been  found  that  the  total  cost  of  driving  the  Adit  tunnel, 
including  everything,  timbers,  tracks,  superintendence  and 
labor,  is  something  less  than  $20  per  foot  driven  along  the 
vein,  and  probably  $30  per  foot  to  cross-cut.  A  shaft  may  be 
sunk  the  first  hundred  feet  at  the  same  cost,  but  the  cost  in- 
creases rapidly  with  every  additional  foot,  while  the  cost  of 
the  tunnel  drive  remains  practically  the  same  no  matter  to 
what  distance  it  may  be  driven.  Conceding  the  same  cost 
by  either  method,  it  is  in  the  subsequent  operation  that  the 
tunnel  shows  to  advantage.  Operating  through  a  shaft 
means  expensive  hoisting  and  pumping  machinery,  the  con- 
tinuous operation  of  the  same,  and  a  consequent  increase  in 
the  cost  of  mining.  Operating  through  a  tunnel,  neither 
pumping  nor  hoisting  machinery  is  required  and  the  cost  of 
mining  is  reduced  one-half. 

A  mine  that  cannot  be  made  to  pay,  operating 
through  a  shaft,  may  return  a  splendid  profit  op- 
erated through  a  tunnel,  while  a  paying  mine,  one  returning 
$100,000  a  month,  may  be  made  to  return  $200,000  through 
a  tunnel  arrangement.  Such  facts  as  these  are  now  recog- 
nized, and  everywhere  throughout  the  gold  regions  of  the 
state  systems  of  tunneling  are  under  way,  cutting  deep  into 
the  heart  of  the  mountains,  and  are  justly  considered  by 
investors  the  safest,  best  and  most  remunerative  ventures 
into  which  capital  can  enter.  In  Cripple  Creek  alone  there 
are  now  fifteen  of  these  tunnel  systems  far  into  the  hills. 
At  Idaho  Springs  five  of  these  are  driving  into  Seaton  moun- 
tain and  far  into  the  rich  regions  of  Central  and  Black  Hawk, 
four  miles  beyond;  and  at  the  Tom  Boy,  in  the  San  Juan, 
there  is  another  of  great  importance.  Millions  of  money  are 
behind  these  ventures,  millions  are  the  certain  returns,  for 
experience  has  shown  that  the  way  to  mine  is  to  go  in  on  the 
ore  at  the  lowest  point,  not  at  the  highest;  and  the  way  to 
pump  water  is  to  turn  it  over  to  the  natural  law  of  gravity  in 
a  tunnel  and  let  it  care  for  itself.  It  is  estimated  that  the 
present  total  production  of  the  entire  Ward  district  is  less 
than  one  million,  and  that  more  than  half  that  amount  is 
wasted  in  the  expensive  methods  employed,  and  consequently 
lost  to  the  stockholders.  More  than  half  a  million  annually 
wasted  in  this  little  district  alone — a  half  million  that  will  be 
saved  to  investors  and  increased  to  millions,  when  the  Adit 
tunnel  system  reaches  these  mines. 


In  taking  up  this  matter  in  detail  there  is  so  much  to 
consider  that  to  prevent  confusion  the  various  mines 
reached  by  the  Adit  tunnel  system  will  be  considered  in 
groups.  What  may  be  for  convenience  called  the 

ADIT-DEW  DROP-TIMBERLINE  GROUP 
lies  on  the  course  of  the  main  line  of  the  system. 

It  should  be  stated  that  in  discussing  these  groups  in 
their  relation  to  the  tunnel  system,  the  figures  and  estimates 
made  are  employed  simply  as  a  basis  from  which  to  reckon, 
and  no  pretense  is  made  that  they  are  based  on  actual  knowl- 
edge, a  claim  that  in  the  present  state  of  development  it 
would  be  ar-urd  to  make. 

Turning  to  the  plat  of  the  region,  pages  10  and  11, 
it  will  be  seen  that  after  leaving  the  Califor- 
nia the  main  line  enters  the  Dew  Drop  ground  at  a  depth  of 
300  feet.  Before  traversing  more  than  half  the  length  of  this 
claim,  the  depth  reached  is  600  feet,  perpendicular,  or  650  feet 
measured  on  tne  dip  of  the  vein.  This  gives  an  average  depth 
on  the  vein  of  487  feet  for  the  entire  length  of  1,548  feet  As- 
suming an  average  width  of  three  feet  for  the  entire  vein, 
there  lies  in  the  Dew  Drop  mine  above  the  level  of  the  Adit 
tunnel  226,162  tons  of  ore  which,  at  an  average  value  of  $10 
a  ton,  makes  the  total  value  of  this  block  of  ground  $2,261,- 
620.  As  there  are  two  distinct  veins  already  cut  in  this 
ground,  and  the  average  value  is  above  $10  and  known  to 
increase  in  value  with  depth,  it  is  not  improbable  that  there 
are  nearly  $4,000,000  of  gold  in  the  Dew  Drop  mine  above 
the  level  of  the  Adit  tunnel. 

Continuing  the  main  line  west  into  the  High  Line 
ground,  the  average  depth  reached  for  the  entire  length  of  the 
claim  is  700  feet  perpendicular,  or  760  feet  measured  on  the 
dip  of  the  vein.  Assuming,  as  before,  an  average  width  of 
three  feet  for  the  entire  vein,  there  lies  in  the  High  Line, 
above  the  level  of  the  Adit  tunnel,  342,000  tons  of  ore,  which 
at  an  average  value  of  $10  a  ton,  makes  the  total  value  of  this 
block  of  ground  $3,420,000.  The  average  value  of  the  High 
Line  ore  is  much  greater  than  this.  Out  of  the  fifty-foot 
shaft  sunk  on  the  ground  the  average  values  found  were 
$30,  and,  as  all  these  veins  strengthen  and  enrich  as  they 
move  west,  the  estimate  here  made  is  entirely  too  small. 

Beyond  the  High  Line  lies  the  Majestic  in  direct  course 
of  the  main  line.  Here  the  average  depth  reached  for  the  en- 
tire length  of  the  claim,  1,500  feet,  is  984  feet  perpendicular, 
or  1,064  feet  measured  on  the  dip  of  the  vein.  Assuming  an 
average  width  of  three  feet  for  the  entire  vein  there  lies  in 
the  Majestic,  above  the  level  of  the  Adit  tunnel,  478,800  ton* 
of  ore  which,  at  an  average  value  of  $10  a  ton,  makes  the 
total  value  of  the  ore  in  this  block  of  ground  above  the  level 
of  the  Adit  tunnel  $4,788,000.  But  an  examination  of  the 
surface  of  the  Majestic  shows  two  distinct  veins,  each  of  them 
much  larger  than  anything  shown  on  the  vein  east;  in  fact, 
the  biggest  surface  showing  in  the  entire  district  is  on  this 
ground,  and  its  possibilities  of  gold  production  are  simply 
incalculable. 

From  the  Majestic  the  main  tunnel  line  enters  the  Diana 
and  reaches  in  this  ground  an  average  depth  for  its  entire 
length  of  1,418  feet  perpendicular,  or  1,530  feet  measured  on 
the  dip  of  the  vein.  With  an  average  width  of  three  feet, 
from  this  block  of  ground  above  the  level  of  the  Adit  tunnel 
may  be  taken  688,500  tons  of  ore,  which,  at  an  average  value 
of  $10  a  ton,  makes  the  total  value  of  this  block  $6,885,000 
In  making  this  estimate  a  width  of  three  feet  is  assumed, 
but  from  surface  indications  and  the  known  fact  that  at  this 
immense  depth  the  ore  body  will  increase  three  fold  in 
strength,  this  estimate  is  safe. 


-J2- 


Beyond  the  Diana  the  main  tunnel  line  enters  the  Tem- 
pest ground,  and  here  the  average  depth  reached  for  the  en- 
tire length  of  the  claim  is  1,850  feet  perpendicular,  or  1,994 
feet  measured  on  the  dip  of  the  vein.  An  average  width  of 
three  feet  allowed  for  this  block  of  ground  above  the  level 
of  the  Adit  tunnel  gives  a  total  tonnage  of  897,300.  At  an 
average  value  of  $10  a  ton  we  have  here  $8,973,000.  Contin- 
uing the  main  line  into  the  Timberline  beyond,  the  maximum 
average  depth  on  the  Adit-Dew  Drop  lead  is  attained,  1,990 
feet  perpendicular  depth  or  2,142  feet  measured  on  the  dip 
of  the  vein.  In  this  block  of  ground,  1,500  feet  long,  2,142 
feet  deep  and  three  feet  thick,  there  lies  963,900  tons  of  ore, 
which,  at  an  average  value  of  $10  a  ton  is  worth  $9,639.000. 

It  will  be  noticed  from  an  examination  of  these  figures 
that  the  value  of  the  main  line  of  the  tunnel  as  a  method  of 
opening  ground  increases  as  it  advances  into  the  mountain — 
advances  from  $2,261,620  in  the  Dew  Drop  to  $9,639,000  in 
the  Timberline.  From  this  group  alone,  the  total  tonnage 
which  would  have  to  pass  over  the  main  line  reaches  the  enor- 
mous figure  of  3,610,862,  amounting  in  value  to  $36,018,620 
and  yielding  to  the  Adit  Tunnel  Company  a  total  revenue  for 
haulage  alone  of  $1,815,431.  But  the  main  line  is  by  no  means 
exhausted  at  this  point.  A  branch  from  the  Timberline  will 
cut  to  the  heart  of  Bald  mountain  in  a  distance  of  1,000  feet. 
Here  is  a  whole  mountain  of  porphyry,  beneath  which  dips 
the  great  Puzzler  vein  and  a  dozen  others — a  point  to  which 
it  would  be  a  brilliant  enterprise  to  drive  if  never  a  pound 
of  ore  lay  in  the  whole  long  drive  of  the  main  line  for  9,000 
feet  That  Bald  mountain  is  inexhaustibly  rich  in  mineral 
there  is  no  doubt,  and  the  line  of  work  that  reaches  to  its 
heart  will  open  mineral  ground  that  generations  of  mining 
will  not  exhaust. 

THE  COMET-JUSTICE  GROUP. 

Returning  to  a  point  on  the  main  line,  near  the  end  of 
the  High  Line,  the  Comet,  Justice,  Comstock  and  others 
are  located  but  a  few  hundred  feet  south  of  the  main 
line.  A  branch  from  this  point  will  cut  this  country  to  an 
average  depth  of  800  feet.  It's  a  rich  country.  The  veins 
are  big  and  numerous.  Just  over  the  hill  beyond  the  crest  of 
the  Comet  lies  some  of  the  largest  and  richest  float  ever 
seen,  masses  weighing  ten  to  fifty  tons,  clearly  indicating  the 
wealth  that  lies  below.  Here  but  little  mining  has  been  done, 
for  the  owners  realizing  what  the  Adit  tunnel  system  means, 
are  waiting  its  advent  and  are  anxious  and  willing  to  enter 
into  a  contract  for  opening  their  mines.  Considering  merely 
the  three  known  veins  that  course  along  here,  there  is  a 
total  tonnage  of  1,080,000 — a  revenue  to  the  Adit  tunnel  in 
haulage  alone  of  nearly  $500,000. 

THE  D.  &  R.  G.  GROUP. 

Just  north  of  the  main  line  lies  the  D.  &  R.  G.  group, 
paralleling  the  Dew  Drop-Adit  lead  on  the  north  and  less 
than  500  feet  distant.  After  turning  the  great  "North 
Branch,"  of  which  we  will  speak  later,  a  line  run  upon  this 
lead  will  gain  depth  more  rapidly  than  in  any  like  distance 
in  the  whole  region.  Here  the  mountain  rises  so  abruptly 
that  in  a  distance  of  1,000  feet  more  than  1,000  feet  in  depth 
is  gained.  This  lead  shows  itself  of  great  strength  at  the  sur- 
face and  will  yield  an  immense  volume  of  ore.  To  place  the 
Adit  tunnel  revenue  for  haulage  from  this  lead  at  $600,000  is 
conservative. 

-TT^  GOLD  CHIEF  GROUP. 

This  group  lies  Just  beyond  the  point  -where  the  "North 
Branch"  leaves  the  main  line,  and  is  distant  less  than  500 


feet.  These  veins  cut  the  Adit-Dew  Drop  vein  at  a  sharp 
angle,  and  while  not  as  strong  or  large  as  the  others  we  have 
been  discussing,  are  very  rich  and  will  be  cut  to  a  depth  of 
750  feet.  This  property  is  chiefly  owned  by  persons  cou- 
nected  with  the  Studebakers  of  Indiana,  and  they,  like  the 
owners  of  the  Comstock,  are  ready  to  enter  into  contracts 
with  the  Tunnel  company  to  open  their  ground.  For  the 
past  year  they  have  been  driving  a  shallow  iannel  on  the 
Chief,  but  have  suspended  operations.  With  the  depth  the 
"North  Branch"  of  the  Adit  tunnel  will  give  them  they 
realize  that  their  mines  can  be  opened  cheaply  and  operated 
at  a  great  profit,  and  they  are  willing  to  await  its  coming. 
From  this  group  the  total  revenue  to  the  Tunnel  company 
for  haulage  will  be  less  than  from  any  other  point,  but  it 
worth  at  least  $200,000. 

THE  NORTH  BRANCH. 

In  entering  upon  a  discussion  of  the  "North  Branch"  it 
will  be  necessary  to  depart  from  the  group  method  and  speak 
of  the  country  through  which  this  most  important  lateral 
passes  in  detail.  It  should  be  stated  that  this  branch  was 
originally  projected  to  reach  the  Ni  Wot  mine  and  the  rich 
mineral  region  lying  north  as  far  as  Spring  gulch,  its  ulti- 
mate length  and  expansion  by  laterals  being  practically  with- 
out limit,  penetrating  as  it  does  the  heart  of  the  district  to 
great  depths.  After  leaving  the  vicinity  of  the  "Gold 
Chief  group"  the  line  for  2,300  feet  traverses  an  open 
country,  that  is.  a  country  on  which  but  few  mineral  loca- 
tions have  been  made.  There  are  rich  veins  crossing  here. 
Of  this  there  can  be  no  doubt,  for  to  the  east  they  plainly 
crop,  but  at  this  point  are  buried  beneath  the  wash  of  the 
great  moraine.  It  is  on  this  account  that  right  here  in  the 
heart  of  a  rich  district,  midway  between  the  Adit-Dew  Drop 
on  the  south  and  the  old  historic  Ni  Wot  on  the  north,  lies 
an  open  country.  Through  this  region  the  "North  Branch," 
running  at  right  angles  with  the  veins,  will  cut  them  at  an 
average  depth  of  550  feet,  rising  to  650  feet  as  It  reaches  the 
Ni  Wot  ground.  This  open  country  is  by  no  means  the  teast 
interesting,  nor  the  least  valuable  feature  of  the  "North 
Branch."  By  the  rights  conceded  to  tunnel  companies  by 
the  late  decision  of  the  United  States  Supreme  Court  this 
country  is  now  an  absolute  possessory  right  of  the  Adit  Tun- 
nel Company,  and  every  vein  cut  in  the  course  of  the  tun- 
nel not  already  located  becomes  the  property  of  the  Tunnel 
Company.  To  still  better  secure  this  territory,  eight  lode 
claims  have  been  located  by  the  Tunnel  Company,  covering 
a  large  portion  of  the  surface  ground.  That  a  dozen 
or  more  veins  will  be  cut  In  this  distance  is  al- 
most certain,  and  were  the  object  of  the  "North 
Branch"  none  other  than  to  reach  this  country  the  venture 
would  be  of  great  commercial  value.  As  a  prominent  mining 
man  of  Colorado,  who  Is  thoroughly  familiar  with  the 
ground  through  which  the  North  Branch  passes,  expresses 
it:  "I  predict  that  the  ore  bodies  cut  by  the  North  Branch, 
before  reaching  the  Ni  Wot,  will  pay  for  the  tunnel  many 
times.  And  if  I  had  the  choice  of  the  mineral  under  the  NI 
Wot— as  big  and  rich  as  It  undoubtedly  Is— or  that  which 
will  be  cut  by  the  tunnel  in  oponing  the  ground  leading  to  It, 
I  would  take  the  latter."  Every  vein  cut  will  be  opened  and 
ready  to  operate  the  day  the  drills  strike  it  —  drain- 
age and  haulage  ready  supplied,  milling  facilities  most 
perfect,  and  nothing  remaining  but  to  take  down  the  ore — 
east  1,500  feet  on  every  vein  cut  and  west  1,500  feet,  or  15,- 
ooo  feet,  for  in  that  direction  toward  the  main  range  all  vein* 


-13- 


strengthen  and  enrich — the  country  is  still  all  virgin  ground, 
no  pick  having  yet  been  struck  or  a  claim  established.  To 
estimate  anything  of  the  possible  future  value  of  this  country 
to  the  enterprise  would  be  impossible.  There  are  no  data  to 
reckon  from.  But  that  it  will,  when  developed,  return  mil- 
lions to-morrow  for  the  thousands  invested  to-day  there  is 
no  doubt. 

Before   entering  the   Ni     Wot     the     "North     Branch" 
crosses  the  Baltimore,  of  which  little  is  known  beyond  the 


JUST  OUT  OF  THE  TUNNEL. 

fact  that  there  is  here  good  ore  seen  in  a  shallow  shaft,  and 
its  owners  are  willing  to  concede  a  good  bonus  to  the  Tun- 
nel Company  for  opening  their  property.  But  the  great  fac- 
tor of  wealth,  and  the  original  inspiration  that  led  to  the  ex- 
tension of  this  "North  Branch,"  Is  the  old  Ni  Wot  and 
Columbia  ground.  The  "North  Branch"  will  cut  this 
region  to  an  average  depth  of  800  feet,  perpen- 
dicular, or  nearly  1.000  feet  measured  on  the  dip  of  the 
vein.  It  will  in  this  one  act  cut  one  of  the  greatest  gold 
mines  ever  discovered  to  a  greater  depth  than  has  ever  yet 
been  reached  in  the  camp,  and  will  put  it  at  once  not  only 
among  the  list  of  producers,  but  at  the  very  head  of  the 
column. 

It  is  conservatively  estimated  that  the  Ni  Wot  and 
Columbia  mines  opened  their  entire  length,  4,500  feet,  to 
this  great  depth,  will  be  equal  to  producing  500  tons  of 
high-grade  ore  each  day  for  the  next  half  century.  No  one 
who  has  read  the  history  and  the  testimony  of  expert  opin- 
ion can  doubt  this,  and  through  the  Adit  tunnel,  so  ably 
planned,  when  carried  to  this  point,  the  golden  treasures 
of  the  Columbia  and  NI  Wot  will  pour,  with  the  least  cost 
of  production,  and  they  will  again  take  the  place  which  for 
twenty  years  they  held  as  one  of  the  greatest  gold  veins 
ever  discovered. 

But  with  the  Ni  Wot  and  Columbia  this  marvellous  tun- 
nel system  does  not  end.  Eastward  on  the  vein  sub-laterals 
will  be  extended,  traversing  in  their  course  the  rich  ground 


ground  in  which  Benson  estimated  there  lies  $10,000,000 
above  the  level,  enters  the  Utica  below  its  present  workings, 
furnishing  drainage  and  cheap  transportation  for  the  entire 
group,  doing  away  at  once  with  all  expensive  trams,  hoists 
and  pumps,  and  establishing  a  big  and  continuous  revenue 
for  the  Tunnel  Company.  To  estimate  what  this  revenue  will 
yet  become  is  impossible,  but  from  the  Columbia,  Utiea  and 
of  the  Madeleine,  Teller,  No.  5,  Sullivan,  Baxter  and  Boston. 
Ni  Wot  alone,  were  all  the  intervening  ground  unprofitable, 
the  revenue  from  these  points  would 
run  far  into  the  thousands  every  year. 
Considering  the  country  westward 
from  this  point— west  from  the  Colum- 
bia extension — no  proper  notion  can  be 
formed  of  its  possible  mineral  wealth. 
The  whole  country  is  covered  with 
deep  slide  for  miles.  Prospecting  this 
region  on  the  surface  is  and  always 
must  remain  impossible.  But  from  the 
level  of  the  "North  Branch,"  900  feet 
beneath  the  surface,  this  region  can  be 
known  and  Its  wealth  laid  bare.  One 
thing  of  this  region  only  is  certainly 
known:  the  great  veins  strengthen  and 
enrich  as  they  move  west  to  the  main 
range,  and  he  who  successfully  follows 
them  into  this  country  will  open  wealth 
greater  than  was  ever  seen  in  the  dis- 
trict. And  one  other  point  should  be 
emphasized,  the  whole  region  west, 
with  all  its  buried  riches,  is  still  un- 
claimed, and  Is  even  now  the  property 
of  the  Adit  tunnel  system,  for  by  no 
other  method  can  it  ever  be  reached  or 
touched. 

But  this  is  not  all.  Still  northward,  on  beyond  the 
Columbia-Ni  Wot,  can  this  "North  Branch"  be  pushed — 
pushed  into  the  Stoughton  ground,  the  Sunnyvlew,  the 
New  Market,  crossing  and  branching  east  and  west  into  the 
great  Humboldt  vein,  down  into  Spring  gulch  into  the  Star 
and  Wlrth,  out  Into  the  region  of  the  Giles  and  Colorado, 
and  even  extending  itself  to  the  region  of  the  Modoc— every 
foot  of  which  is  a  rich  country,  and  every  foot  of  which  will 
eventually  pay  tribute  to  this  great  tunnel  system. 

This  region  directly  north,  in  the  course  of  the 
tunnel,  observed  In  detail,  will  be  seen  to  be 
very  rich  in  mineral.  Though  known  to  be  coursed 
by  many  veins  and  almost  entirely  covered  by 
locations,  very  little  development  work  has  been  done  here. 
But  there  are  several  groups  of  mines  within  1,000  feet  of  the 
Columbia  that  will  be  cut  to  a  great  depth  by  the  branch 
extended.  The  Stoughton  group  is  one  of  these.  The  North 
Branch  of  the  Adit  will  cut  this  more  than  a  thousand  feet 
deep,  perpendicular,  and  by  sub-laterals  west  will  reach  the 
Sunnyview  in  a  short  distance,  and  eastwand  in  a  like  distance 
will  enter  the  Newmarket.  These  latter  mines  are  the  most 
recent  strikes  in  the  camp  and  are  of  great  importance  in  the 
extent  and  richness  of  the  ore,  and  when  opened  to  a  depth 
of  1,000  feet  through  the  Adit  will  undoubtedly  equal  in  pro- 
duction the  best  mines  in  the  camp.  Beyond  these  lie  still 
another  group  along  the  course  of  the  great  Humboldt  vein, 
said  by  many  to  be  the  biggest  and  richest  lead  in  the  dis- 
trict. On  this  vein  also  little  has  been  done  except  in  the 


-14- 


K»  :  i  .r.-v^vfj  if  :."j\  v.  >.. >  A-..   ii\v/Vj<.n 


BREAKING  OKE  IX  THE  STORES. 

vicinity  of  the  Humboldt  mill.  Here  is  a  group  of  mines 
that  offer  a  splendid  opportunity  for  capital.  Indeed,  the 
value  of  this  extensive  property  is  now  being  passed  upon 
and  eastern  parties  are  ready  to  purchase  providing  proper 
arrangements  can  be  made  for  an  extension  of  the  Adit  sys- 
tem to  this  point.  Some  correspondence  has  already  passed 
on  the  subject,  and  since  through  the  organization  of  the  Ni 
Wot  Mining  Company,  the  extension  of  the  "North  Branch" 
is  assured,  the  Humboldt  group  becomes  one  of  the 
great  objective  points  of  the  system.  Still  beyond  this  point 
lies  another  group — less  than  2,000  feet  in  direct  line  north 
from  the  Ni  Wot — the  High  Flyer — Boulder  county,  a  vein 
said  to  be  thirty-five  feet  wide  at  the  surface,  and  worth  $12 
to  $15  a  ton.  The  best  informed  miners  speak  of  this  region 
as  the  richest  portion  of  the  camp,  and  cut  by  the  Adit  sys- 
tem to  a  perpendicular  depth  of  1,000  feet  it  will 
undoubtedly  become  a  most  important  source  of 
revenue  to  the  company.  The  Grand  View,  Lake 
Shore  and  Cardiff  are  still  other  groups,  all  lying 
within  a  innximuiu  distance  of  3,000  feet  from  the 
N'  Wot,  and  there  is  not  the  least  doubt  that  every 
one  of  these  will  in  the  course  of  time  become 
trilmisiry  to  the  cunnel  system.  To  make  any  ap- 
proximation cf  what  the  development  of  this  coun- 
try would  add  to  the  revenue  of  the  tunnel  com- 
p;i:iy  would  be  mere  conjecture,  but  that  they  offer 
a  rich  field  for  the  further  extension  of  the  enter- 
prise there  is  no  doubt,  and  will  eventually  add 
millions  to  the  gold  production  of  the  district, 
made  possible  o  .ly  through  the  Adit. 


From  the  estimates  made  on  the  "Adit-Dew 
Drop-Timberline  group"  along  the  tunnel  main 
line,  some  fair  idea  not  only  of  the  possibilities  of 
the  system  may  be  gained,  but  it  will  help  to  form 
a  notion  of  the  probable  value  of  the  enterprise, 
when  pushed  to  its  ultimate  possibilities.  From 
this  one  group  alone  we  have  shown  an  ultimate 


revenue  for. haulage  alone  of  $1,815,431— this 
amount  of  revenue  for  handling  $36,000,000  of 
wealth  from  this  one  group,  a  tax  of  five  per  cent, 
on  the  amount  produced.  .  Assuming  that  the  aver- 
age daily  product  of  all  the  mines  reached  by  the 
Adit  tunnel  system  extended  as  here  outlined 
would  be  only  1,000  tons  of  an  average  value  of 
$10  a  ton,  and  levying  on  this  a  five  per  cent,  tax, 
the  daily  income  of  the  system  would  be  $500  a 
day— $150,000  a  year.  Add  to  this  the  drainage 
tax,  and  the  earnings  from  power  furnished,  and 
one  can  get  some  fair  idea  of  the  commercial  value 
of  the  enterprise.  It  means  a  total  annual  reve- 
nue of  $200,000. 

Thus  far  in  detail  we  have  worked  out  the 
"Adit  Tunnel  System— Its  Possibilities."  We  have 
done  this  with  an  intimate  knowledge  of  the 
country  and  with  our  hand  upon  all  possible  date. 
We  have  shown  what  its  possibilities  are  and  its 
possible  revenue.  We  have  shown  that  this  rev- 
enue arises  from  simply  a  tax  of  five 
per  cent,  on  the  production,  and  this  tax 
of  five  per  cent,  on  the  production  of  ores  bandied 
through  the  Adit  tunnel  system  represents  one-half  the  cost 
of  mining.  A  system  that  makes  it  possible  to  produce  gold 
at  a  cost  of  10  per  cent,  is  one  that  must  commend  itself  to 
all — that  has  commended  itself,  and  will  make  the  opening 
of  these  mines  through  this  system  the  foremost  gold  min- 
ing enterprises  in  point  of  production  and  profit  that  has 
ever  yet  been  undertaken.  For  the  production,  the  mines 
themselves  speak;  for  the  profit  on  the  production  the  sys- 
tem speaks;  and  where  a  dollar  is  produced  at  a  cost  of  a 
dime,  there  is  no  chance  of  failure,  and  certain  fortune 
waits. 

The  Adit  tunnel's  ultimate  revenue  will  reach  $200,000 
a  year.  In  this  income  every  shareholder  in  the  Timberline 
will  have  a  large  share,  for  their  foresight  and  money  have 
worked  out  the  plan  of  the  Adit  tunnel  system  and  are  now 
shaping  it  to  include  the  entire  camp.  The  money  is  all 
pledged — the  tunnel  is  paid  for  nearly  through  the  Timberline 


CP  CAUFOHXIA  GULCH. 


-J5- 


SYSTEM 


R*ances."°Rr"FivEuiits'®f™*«T-oF.DD<vcR.««.Colorado. 

OFFK^:703:KiTTREIX^flUIU)lN:Gl)ENVER^  - 

ite 


OF- 

COLUK31>M1NB6C« 
DtW  DROP      •• 
ADIT  ••      •• 

••       TV/WtL     ••' 
DCWDROP    MILL    •• 

^iwtrr    MINU«    - 

T1MBCRLINE  MNE5  " 
TUNNEL    TZAC12 
RAIL  ROAD 

cntDO 

VEINS 
PORPHYRY 
OBANIIE 
M;CA  5CHI5T 


\ 


DIANA     NQ.4 


TEMPEST 


DIANA 


and  to  open  the  Columbia  vein  on  the  north.  So  far  as  the 
finances  are  concerned,  the  tunnel  is  at  these  points  now.  It 
remains  for  the  Timberline  to  sell  the  balance  of  its  stock  and 
turn  it  into  the  tunnel  and  become  the  largest  owner  in 
this  tunnel  system.  The  opportunity  to  harvest  a  for- 
tune already  ripened  and  waiting  was  never  better.  Con- 
ceding everything  claimed  for  the  system  up  to  the  present 
time,  equally  great,  even  greater  possibilities  lie  beyond 
for  those  who  have  the  foresight  to  grasp  them. 

Herewith  is  a  financial  statement  showing  the  condition 
of  the  Adit  Tunnel  Company  on  the  31st  day  of  March, 
1900: 

RESOURCES: 

Main  Line  __  3781  feet  1 

Ni  Wot  Branch 1788  feet  1 

Upraise  to  Dew  Drop.  326  feet  J-and  Equipment .. 8127,214.71 
Upraise  in  California  _  90  feet  I 

Cross-cuts 355  feet  J 

Dew  Drop  Mining  Company 35,422.07 

Adit  Mining  Company J 7,753.62 

Bills  receivable 750.00 

Dew  Drop  Mill  Company 1,647.71 

W.  P.  Daniels  for  pay  roll 86,599.54 

Boulder  Bank 54.84 


Columbia  Mines  Company $30,000 

Sundry  persons 955 


Sundry  persons . 


6,654.33 
451.38 

$179,893.90 


LIABILITIES. 
Capital  paid  in  by- 
Adit  Mining  Company 845,000 

Ni  Wot  Mining  Company 65,000 


8140,955.00 

Columbia  Mines  Company  for  stock 10,532.59 

Ni  Wot  Mining  Company  for  stock 19,501.96 

Sundry  persons 8,904.35 


$179,893.90 

There  is  ample  money  pledged  to  carry  forward  the  work. 
There  is  ample  reserve  treasury  stock  in  the  mining 
companies  to  take  care  of  all  future  needs.  The  money  you  pay 
for  the  treasury  stock  of  any  one  of  the  Big  Five  Companies 
is  immediately  made  a  safe  and  profitable  re-investment  in  the* 
tunnels  and  mill. 

The  Adit  Tunnel  Company,  as  well  as  the  Dew  Drop  Mill 
and  Sunset  Tunnel  are  constructed,  driven  and  completed  for 
the  sole  benefit  and  use  of  the  mining  companies.    The  money 
for  the  tunnels  and  mill  is  the  money  paid  in  by  the  subscrib- 
ers to  stock  in  the  mining  companies.     The  aggregate  amount 
due  on  stock  and  available  for  the  tunnels  and  mill  April  1st, 
1900,   was  8406,000.    Unsold    stock   in   the  different  mining 
companies  will  nearly  double  this  amount,  depending  some- 
what upon  whether   we  sell  it  right   away   at  development 
prices  or  hold  it  until  production  commences  and  then  sell  it 
at  near  its  actual  value. 

Into  this  safe  and  profitable  investment  of  the  mill  and 
tunnel  companies  is  where  we  place  the  money  you  put  up 
to  develop  the  Timberline  mines.  Can  anyone  else  take  de- 
velopment money  for  a  mine  and  give  you  a  dividend^ 
paying  reinvestment? 


Turn  on  the  searchlight  of  investigation  and  glean  all 
the  facts  and  conditions  connected  with  the  Timberline 
Mines  Company,  and  the  investment  in  the  other  com- 
panies, and  you  will  not  find  a  flaw  or  reasonable  excuse 
why  you  should  not  put  a  portion  of  your  monthly  income 
into  it.  We  not  only  give  you  more  for  your  money  than 
you  can  get  anywhere  else,  but  we  do  this  on  such  liberal 
terms  that  by  the  time  the  investment  is  fully  made,  large 
dividends  will  come  to  you  regularly. 


— J.8- 


The  Timberline  Mines  Company. 

Organization. 

Organized  undar  the  laws  of  the  State  of  Iowa. 

Capitalization  $30,000;  number  of  shares  3,000,000;  par  value  one  cent. 

Stock  full  paid  and  non-assessable.    Absolutely  no  Individual  responsibility. 


The  mines  are  located  at  Frances,  Ward  District,  Colo- 
rado, about  fifty  miles  northwest  of  Denver.  The  company  is 
a  part  of  the  Big  Five  combination — having  all  the  advantage 
of  an  established,  going  enterprise. 

PROPERTY    OWNED. 

The  Diana    5  acres 

The  Diana  No.  i 5  acres 

The  Diana  No.  2 5  acres 

The  Diana  No.  3 5  acres 

The  Diana  No.  4 5  acres 

The  Tempest  5  acres 

The  Tempest  No.  i 5  acres 

The  Tempest  No.  2 5  acres 

The  Tempest  No.  3 5  acres 

The  Tempest  No.  4 5  acres 

The  Timberline      5  acres 

The  Timberline  No.  i 5  acres 

The  Timberline  No.  2 5  acres 

TheTimberline  No.  3 5  acres 

The  Timberline  No.  4 5  acres 

The  Timberline  Extension 5  acres 

The  Timberline  Extension  No.  i 5  acres 

The  Timberline  Extension  No.  2 5  acres 

The  Timberline  Extension  No.  3 5  acres 

The  Timberline  Extension  No.  t 5  acres 

Total 100  acres 

TITLES. 

The  title  to  this  group  of  twenty  claims  is  vested  in  the 
Timberline  Mines  Company,  without  incumbrance  or  obliga- 
tion of  any  sort. 


PRODUCTION'. 


There  has  been  but  a  nominal  production,  the  records  of 
which  are  lost  in  tradition.  But  the  ground  has  been  care- 
fully prospected  for  many  years  and  its  value  established. 


DEVELOPMENT. 

A  single  shaft  of  unknown  depth;  three  short  tunnels 
driven  on  the  vein.  The  ground  will  be  opened  by  the  main- 
line of  the  Adit  Tunnel,  now  pushing  towards  it  at  the  rate  of 
120  feet  a  month. 

DIRECTORS. 

George  R.  Fuller.  Rochester.  N.  Y. 

William  P.  Daniels.  Frances,  Colo. 

N.  C.  Merrill,  703  Klttredge  Building,  Denver,  Colo. 

A.  S.  Hazen,  Denver.  Colo. 

A.  Graves.  Dow  City,  Iowa. 

George  S.  Redd,  6a6  Kittredge  Building.  Denver.  Colo. 

Jonas  Stewart,  M.  D..  Masonic  Temple,  Anders,  Ind. 

John  F.  Hinckley.  «n  Park  Building,  Pittsburg,  Pa. 

D.  T.  Denton,  Lakeview  P.  O  .  Duluth,  Minn. 

OFFICERS. 

President  and  Manager— Wm.  P.  Daniels. 
Vice-President—George  R.  Fuller. 
Secretary  and  Treasurer— N.  C.  Merrill. 

EXECUTIVE     COMMITTEE. 

George  S.  Redd.       Wm.  P.  Daniels.       N.  C.  Merrill. 


OUR  PLAN. 

Co-operative   Mining  Adapted   to   the  Wage   Earners  of 
America. 

We  never  try  to  discover  or  originate  anything  which  is 
already  discovered  or  originated.  We  do,  however,  start  from 
the  highest  point  of  perfection  as  we  find  it,  advance  it,  enlarge, 
perfect  and  adapt  it  to  our  own  requirements. 

When  we  concluded  to  enter  the  mining  business,  we 
looked  for  the  bottom  principles  and  examined  the  conditions 
which  lead  both  to  failure  and  success.  The  glittering  suc- 
cesses on  the  foremost  edge  of  that  time  were  the  Moffat  Syn- 
dicate, the  J.  E.  Reynolds  Syndicate,  De  Lamar  of  Utah,  Clark 
of  Montana,  and  the  Flood-Mackays  of  Nevada. 

The  first  question  to  decide  was  how  these  men  make  such 
great  successes  and  how  can  we  improve  their  methods  so  as 
to  out-general  and  out-success  them.  We  found,  upon  careful 
study,  that  their  investigation  and  selection  of  properties  were 


no  better  than  we  ourselves  were  able  to  do;  that  the  secret 
of  their  success  lay  in  the  fact  that  after  commencing  the  de- 
velopment of  a  proposition  they  carried  it  on  year  after  year 
until  the  property  was  fully  developed  and  made  into  a  great 
producer — perpetual,  continuous  and  complete  development 
never  failed  to  win  for  them.  Mines  are  made  not  fonnd.  We 
observed  that  each  syndicate  consisted  of  a  few  investors  under 
a  carefully  chosen  financial  head  and  a  competent  mine  man- 
ager. Each  one  of  them  took  a  fourth  or  a  tenth  interest  and 
put  up  his  money  month  by  month  as  the  work  went  on,  never 
letting  up  until  they  had  drveloped  the  property  into  a  big 
paying  proposition. 

Below  this  class  of  operators,  throughout  this  great 
Western  country,  was  a  great  nu-nber  of  lesser  ones;  and 
through  and  among  these  there  was  an  interminiable  jangle 
'  and  hauling  at  cross-purposes.  The  financial  promoters  lacked 
a  competent  mine  manager;  competent  mine  managers  were 
unable  to  find  financial  backers.  Where  the  selection  of  prop- 


—19— 


erties  was  good,  the  plan  of  opening  up  was  deficient;  or  where 
the  plan  was  good  the  mine  managemert  was  deficient. 
Where  the  plan  was  all  right,  the  mines  good,  and  the  finan- 
cial management  competent,  then  the  associates  who  were 
putting  up  money  either  got  disheatened  or  dissatisfied;  or 
wanted  to  run  the  enterprise  themselves,  so  that  through  an 
interminable  jangle,  wrangle  and  play  of  cross  purposes,  fail- 
ures were  common  and  successes  rare  among  this  class  of 
operators. 

A  chief  evil  operating  against  success  in  these  instances 
we  found  was  the  large  investor  in  the  East.  These  men  were 
continually  trying  to  get  control — to  get  a  cinch  on  the  small- 
er investor,  to  radically  change  some  of  the  fundamental 
principles  of  successful  mining;  to  experiment  with  some  new 
process,  or  enforce  some  Eastern  theory. 

We  said  Moffat's  plan  is  the  one,  and  we  will  adapt  it  to 
the  small  investors.  We  will  discard  every  big  investor,  we 
will  not  permit  him  to  get  a  controling  interest  in  the  enter- 
prise and  management;  neither  will  we  permit  him  to  inject 
any  false  theories  or  plans,  but  will  go  ahead  with  a  straight, 
ordinary,  common  sense  mining  plan.  We  associated  with  us 
the  best  and  most  capable,  skilled  and  business-like  in  man- 
agement and  directors  and  resolved  to  unite  small  investors  in 
a  large  co-operative  plan.  To  this  end  we  laid  our  plans  in 
the  beginning  and  at  the  organization  of  every  company  had 
arranged  to  raise  ample  money  to  carry  out  the  development 
fully  and  completely.  We  arranged  for  a  surplus  for  every 
unseen  contingency,  and  made  it  impossible  for  any  stock- 
holder or  others  to  have  an  advantage  over  their  associates, 
keeping  every  one  on  the  same  plane,  with  the  same  advan- 
tages, believing  in  the  long  run  that  far  greater  success  can 
be  obtained  in  that  way  than  by  any  other  method.  The  goal 
we  sought  is  now  in  sight.  Even  now  in  the  formative  stage 
of  the  Big  Five  proposition  we  see  and  know  that  one  of  the 
greatest  mining  successes  ever  undertaken  in  Colorado  is  just 
before  us. 

At  first  we  were  laughed  at,  scoffed  at,  because  our  busi- 
ness they  said  was  "Too  slow;"  but  now  we  everywhere  have 
the  highest  credit,  and  looked  up  to  as  one  of  the  foremost 
mining  enterprises  in  the  state,  and  the  highest  compliment 
we  receive  is  that  the  method  of  co-operative  mining  and  the 
installment  plan  of  subscription  has  been  adopted  by  a  great 
majority  of  recent  organizations,  especially  where,  the  object  is 
to  thoroughly  develop  a  legitimate  mining  enterprise. 

That  the  principle — co-operative  mining — was  correct, 
safe  and  of  infinite  psssibilities,  the  work  of  the  Big  Five  thus 
far  has  proven.  Nor  have  we  been  less  successful  in  the  plan 
of  mine  development  we  have  followed — a  plan  that  makes  pos- 
sible the  highest  degree  of  perfection  and  success  in  co-oper- 
ative work. 

The  Adit  Tunnel,  as  planned  and  carried  forward,  will 
open  more  rich  territory  at  less  cost  than  any  method  ever  be- 
fore employed.  It  unites  in  a  common  plan  all  the  great 


mines  of  the  district,  and  makes  every  mine  so  opened  either 
a  sharer  in  the  tunnel  profits  or  a  contributor  to  it  revenues. 
It  is  a  distinct  corporation,  capitalized  for  $500,000,  having  its 
own  board  of  directors.  In  this  great  tunnel  system  every 
man  having  stock  in  either  the  Ni  Wot,  Dew  Drop,  Columbia 
or  Timberline  mines  is  interested.  Here  is  given  to  the  in- 
vestor a  double  source  of  revenue  from  a  single  investment — 
dividends  from  his  mining  stock  and  a  share  in  the  tunnel 
revenues.  This  comes  about  in  this  way: 

Every  dollar  paid  in  for  stock  in  any  one  of  the  Big  Five 
mining  companies  is  immediately  reinvested  in  the  stock  of 
the  tunnels  or  mill.  This  money  is  employed  for  driving  the 
tunnel  to  the  mine,  opening  and  developing  it,  and  tunnel  or 
mill  stock  at  par,  one  share  for  every  dollar  so  paid  in,  is 
issued  to  the  mining  company.  Each  mining  company  thus 
becomes  an  owner  in  the  tunnel,  and  its  share  in  the  revenue 
goes  out  as  dividends  to  the  owner  of  the  mining  stock.  To 
illustrate  this:  Should  the  Timberline  Company,  whose  mines 
will  be  developed  through  the  main-line  of  the  Adit  Tunnel, 
invest  §100,000  in  this  work,  that  company  will  own  100,000 
shares  of  the  Tunnel  stock,  and  will  be  entitled  to  its 
proportion  of  the  total  revenue.  In  the  same  way  it  is  ar- 
ranged that  the  Timberline  shall  invest  a  certain  amount  in 
the  Sunset  Tunnel  Railway  Company — a  project  which  will 
open  the  Timberline  mine  to  a  much  greater  depth  than  the 
Adit  Tunnel  will  reach — and  it  will  share  in  the 
revenue  of  that  enterprise  to  the  extent  of  its  investment.  It 
is  intended  that  in  the  same  way  a  portion  of  the  money  re- 
ceived from  the  sale  of  Timberline  stock  will  be  reinvested  in 
the  Dew  Drop  Mill  Company,  giving  to  this  company  a  part 
ownership  in  the  mill  and  a  share  in  its  revenue  also.  This 
makes  for  the  investor  in  the  stock  of  the  Timberline  Mines 
Company  a  four-fold  source  of  revenue — from  the  mine  itself, 
from  the  Adit  Tunnel,  from  the  Sunset  Tunnel  and  the  Dew 
Drop  Mill — and  all  this  from  a  single  investment. 

It  is  in  this  connection  that  the  property  owned  by  the 
Timberline  company  gets  its  greatest  value.  It  lies  far  up  on 
the  mountain.  The  grade  of  the  ore  is  low — what  is  known 
as  mill  dirt,  or  concentrating  ore.  While  they  are  big  proper- 
ties, big  ore  and  have  always  been  held  in  high  esteem  by 
miners  and  their  owners,  yet  the  real  value  of  these  properties 
have  been  given  them  by  the  Big  Five  stockholders— their 
real  value  lies  in  the  fact  that  the  ores  can  be  opened  and 
taken  out  through  the  Adit  Tunnel,  and  trammed  to  the  Dew 
Drop  Mill  at  its  mouth,  for  treatment — the  whole  thing  done 
at  the  least  possible  cost,  a  cost  hardly  more  than  ten  per  cent, 
of  the  value  of  the  product.  To  have  undertaken  to  work 
them  from  the  surface  through  a  shaft,  hoist  the  ore,  hoist  the 
water,  haul  the  ore  down  the  mountain,  and  the  timber  and 
supplies  up,  would  have  been  so  great  an  expense,  that  it 
is  questionable  if  the  profits  would  equal  the  cost.  But  under 
the  present  method  and  plan,  operating  through  the  Adit  and 
Sunset  tunnels,  these  properties  become  par  excellence,  by 


-20- 


far  the  largest,  and   we   feel   confident,   the   most  profitable 
properties  ever  opened  up  in  the  Ward  district. 

DEVELOPMENT  REQUIRED. 

The  present  breast  of  the  Adit  Tunnel  is  about  2,600  feet 
from  the  end  of  the  Diana — the  east  end  of  the  Timberline 
property.  This  distance  the  tunnel  must  be  driven  to  reach 
Timberline  ground,  which  added  to  the  length  of  the  Timber- 
line  ground  (6,000  feet)  makes  a  total  of  8,600  feet  to.be  driven. 
When  the  Timberline  ground  is  opened  up  6,000  feet  in  length 
the  amount  of  ore  that  will  be  available  will  be  so  much  in 
advance  of  what  the  present  capacities  of  the  Dew  Drop  Mill 
will  be  able  to  handle,  that  without  a  doubt  it  will  be  neces- 
sary to  double  the  present  milling  capacity.  All  these  require- 
ments— mill  enlargements  and  tunnel  drive — should  really  not 
be  considered  an  expenditure  for  development  purposes,  but 
an  investment,  and  a  thoroughly  good  investment  too,  which 
will  return  profits  to  stockholders  for  "every  dollar  put  up. 
$406,000  is  already  pledged  to  the  enterprise,  and  it  follows 
that  an  investment  now  made  in  the  stock  of  the  company  not 
only  insures  itself,  but  adds  certainty  to  the  fact  that  the 
Timberline  mines  will  be  opened  as  planned. 

THE  CAPITAL  STOCK— HOW  APPROPRIATED. 

The  stock  of  the  Timberline  is  divided  into  3,000,000 
shares.  Of  this  amount  900,000  shares  go  to  the  Big  Five 
Grub  Stake  Pool  owners  in  full  payment  for  the  property. 
300,000  shares,  that  is  10  per  cent,  of  the  whole,  is  set  apart  as 
expense  stock,  to  be  sold  and  the  proceeds  used  to  cover  all 
expense  of  organization,  advertising,  office  expense  and  every- 
thing incidental  to  the  business  of  the  company.  The  balance 
(1,800,000  shares)  is  set  apart  to  be  sold  and  the  proceeds  re- 
invested— applied  to  the  opening  of  the  mines  and  bringing 
them  to  a  high  state  of  production. 

HOW  WE  GET  THE  MONEY.— As  our  co-operative  plan 
considers  only  the  wage  earners  of  America,  our  method  of 
raising  the  necessary  money  puts  shares  in  the  Big  Five  easily 
within  his  reach.  He  is  asked  to  come  into  the  enterprise  as 
a  co-worker.  He  buys,  say  5,000  shares  in  the  Timberline  - 
(the  ideal  amount.)  He  does  not  pay  for  this  at  the  time  of 
his  subscription.  He  pays  only  a  small  part  cash,  and  there- 
after, from  month  to  month,  as  the  work  goes  on,  pays  his 
share  on  account — and  yet  all  this  time  is  practically  owner  of 
5,000  shares,  and  entitled  to  all  privileges  and  dividends. 
Should  he  at  any  time  be  unable  to  keep  up  his  monthly  pay- 
ments, he  loses  nothing,  for  he  receives  stock  in  even  hundred 
shares  to  the  amount  paid  for.  This  simple  arrangement 
makes  it  possible  for  any  man  to  be  an  owner  and  co-worker 
in  the  Big  Five,  and  hundreds  of  people  everywhere  have 
taken  advantage  of  it. 

HOW  WE  SPEND  THE  MONEY.  Every  dollar  received 
from  the  sale  of  stock  is  used  at  the  mines — paid  to  the  miner. 
Our  policy  is  to  spend  every  dollar  received  and  push  the 
work  forward  each  month  as  far  as  the  money  of  that  month 


will  carry  us,  and  not  one  foot  further.  If  the  income  from 
stock  is  $3,000,  that  amount  is  expended.  The  Big  Five  man- 
agement contracts  no  debts.  The  organization  of  the  Timber- 
line  means  that  the  monthly  income  will  be  much  increased, 
and  by  just  that  much  and  no  more  will  the  amount  of  work 
done  be  increased.  This  is  the  settled  policy. 

CONDUCT  OF  THE  BUSINESS.— All  work  at  the 
mines  is  under  the  immediate  personal  direction  of  a  resident 
manager,  William  P.  Daniels,  who  is  also  president  of  the 
different  companies  composing  the  Big  Five.  The  personnel 
of  the  different  companies  is  practically  the  same,  and  there 
are  no  complications  or  clash  of  interests.  All  work  for  all 
the  mines  has  a  common  center — the  Adit  Tunnel,  and  the 
Dew  Drop  Mill  and  power  plant  at  the  mouth  of  the  tunnel. 

Records  of  all  transactions,  the  business  of  selling  the 
stock  and  keeping  a  record  of  the  same;  collecting  the  money, 
crediting  and  banking  it,  is  carried  on  under  the  immediate 
direction  of  Secretary  Merrill  in  the  Denver  office.  A  perfect 
record  of  every  check  and  draft  received  is  made.  Every  cent 
is  deposited  in  a  bank  and  kept  in  a  perfect  system  of  book- 
keeping, the  necessary  safes,  and  every  facility  for  the  safe 
conduct  of  the  financial  side  of  the  business  is  here  establish- 
ed. The  records  are  regularly  examined  by  expert  account- 
ants. These  records  and  books  are  always  open  for  the 
inspection  of  any  stockholder  or  prospective  investor. 

COST. — The  cost  of  opening  the  Timberline  through  the 
main  line  of  the  Adit  Tunnel  will  be  the  actual  cost  of  driving 
the  tunnel  2,600  feet  through  the  Adit  ground,  and  6,000  feet 
in  the  company's  own  ground.  A  cost  for  timbering  must  be 
added  to  this.  The  cost  of  the  drive,  including  timbers  and 
track  is  about  $30  per  foot. 

TIME. — The  present  rate  of  progress  is  about  120  feet  a 
month.  With  the  added  money  which  the  Timberline  will 
bring  to  this  work,  the  rate  will  be  increased.  In  any 
case,  the  Timberline  ground  will  be  reached  within  thirty 
months  from  April  1st,  1900. 

THE  RAILWAY.  A  railroad  is  now  completed  and  in 
operation  to  the  camp  and  a  switch  from  the  main  line  lets 
the  cars  down  directly  to  the  mouth  of  the  Adit  Tunnel.  This 
dispenses  with  the  use  of  teams  and  makes  the  handling  of 
freight  and  ore  a  matter  simple,  direct  and  cheap.  This  feat- 
ure— the  railroad — is  a  development  that  has  followed  in  the 
wake  of  the  Big  Five  within  the  past  year  and  has  added  one- 
half  to  the  value  of  the  Big  Five  enterprise  and  doubled 
the  profits. 

REPORTS.  We  publish  full  financial  reports  of  the  Tim- 
berline Company  in  the  Mining  World.  The  subscription  price 
of  the  World  is  paid  for  every  stockholder. 

ON  REQUEST.— On  request,  we  send  a  Big  Five  book, 
giving  a  photograph  and  the  names  of  those  who  are  the 
directors  of  the  different  companies,  together  with  a  state- 
ment concerning  the  organization  and  capitalization  of  each. 


-21- 


of  the  different  companies  and  their  relation  to  each  other. 
We  also  furnish  other  books,  photographs  of  the  interior  and 
exterior  of  the  properties  and  samples  of  ore. 

DIVIDENDS.— The  opening  and  equipping  of  the  Tim- 
berline  mine  is  provided  for  from  the  sale  of  treasury  stock. 
The  returns  on  all  ore  mined  comes  back  to  the  stockholders 
as  dividends. 

And  one  word  about  the  ore  that  we  send  out:  It  does 
not  show  any  gold.  It  is  what  is  known  in  the  East  as  iron 
pyrites.  It  is  sulphide  of  iron  aud  sulphide  of  copper.  All 
the  gold  in  Ward  Camp  is  contained  in  a  matrix  of  sulphide 
of  iron  and  sulphide  of  copper,  especially  adapted  for  smelting 
in  the  Pyritic  smelter.  Don't  expect  to  see  gold  when  we  send 
you  a  sample  of  ore,  for  you  cannot  do  it. 

PRICES.— The  subscription  blank  gives  the  price  and 
terms  for  the  Tiruberline  stock.  Fill  up  one  of  these  blanks 
and  send  in  the  amount  of  the  first  payment.  Upon  receipt  of 
the  same  we  will  issue  a  certificate  to  you:  place  it  in  an 
envelop  with  your  name  and  address  upon  it,  and  there  will 
also  be  a  memorandum  on  the  envelope,  showing  the  date  and 
amount  of  each  of  the  deferred  payments.  We  then  credit 


you  on  the  journal  for  the  amount  paid  in  and  charge  you  for 
the  certificate.  As  each  of  the  payments  come  in,  they  will 
be  credited  on  the  books  and  on  your  envelope. 

COME  AND  SEE  US.— Once  each  year  the  directors  and 
many  of  the  stockholders  meet  at  the  mines  for  an  inspection 
of  the  mines,  and  at  Denver  for  the  transaction  of  the  annual 
business.  At  such  times,  second  week  in  September,  it  is  de- 
sirable to  see  here  as  many  of  those  interested  as  possible. 
But  at  any  time  stockholders  and  prospective  investors  are 
welcome.  At  the  mines  everything  is  open  for  inspection. 
Acceptable  entertainment,  such  as  the  gulch  can  furnish,  is 
yours.  We  want  every  man  (who  has  a  share  of  stock  in  the 
Big  Five  companies,  and  strangers  who  may  come  into  the 
Timberline  to  come  here,  when  they  can,  and  see  the  char- 
acter, extent  and  value  of  the  work  done  under  the  direction 
of  the  Big  Five  management.  The  annual  meeting  of  the 
companies  always  occurs  during  the  week  commencing  with 
the  first  Monday  in  September. 


TIMBERLINE. 


Denver,  Colo.,  April  1,  1900. 


-22- 


Sunset  Tunnel  Railway. 


Its  Scope  and  Object. 


•9  >•>. 


THE  POLICY  of  expansion  which  the  Big  Five  has  con- 
sistently followed  has  led  within  the  last  year  to  the 
consideration  and  final  adoption  of  a  project  which  In 
boldness  of  outline  equals,  possibly  exceeds  anything 
ever  yet  undertaken  In  the  work  of  gold  mining.  Clearly 
seeing  that  the  Adit  tunnel  system,  as  projected,  would 
meet  the  first  requirements  of  Ward  district,  it  was  equally 
clear  that  the  time  would  come  when  the  great  veins  opened 
by  that  system  would  demand  a  greater  opening,  one  that 
would  reach  the  foundations  of  these  mineral  deposits,  and 
make  their  gold  accessible  for  all  time.  The  geology  of 
the  district,  carefully  studied,  leaves  no  room  for  doubt  that 
the  lower  measures  of  this  region  is  an  Inexhaustible  treas- 
ure vault.  A  strip  of  country,  nearly  four  miles  wide,  lying 
between  Four  Mile  creek  and  the  St.  Vrains,  close  up  to  the 
main  range,  Is  one  great  eruptive  area,  regularly  coursed 
east  and  west  by  wide  porphyry  dikes,  along  which  innum- 
erable ore  veins  crop  at  the  surface.  The  mineral-bearing 
character  of  these  dikes  is  well  known  and  universally 
recognized,  and  their  unusual  strength  and  extent  In  this 
region  clearly  Indicate  that  the  attendant  ore  veins  are  of 
equal  strength  and  practically  Inexhaustible  In  depth. 

These  considerations — the  number  and  permanent  char- 
acter of  the  veins,  and  the  future  need  of  still  deeper  and 
more  extensive  development  than  the  Adit  tunnel  system 
could  give — has  brought  Into  existence  this  greater  project, 
the  Sunset  Tunnel  Railway.  As  stated  above,  the  course 
of  the  ore  veins  and  dykes  Is  east  and  west,  while  the  line 
of  this  great  tunnel  Is  northerly  and  will  in  its  course  cut 
every  vein  in  the  district,  known  or  unknown.  Of  the 
known  veins  there  are  nearly  100  now  recorded,  many  of 
which  have  had  years  of  production,  while  both  the  experi- 
ence of  the  district  and  Its  geological  character  Indicate 
that  an  equal  number  of  blind  or  unknown  veins  will  be 
opened.  To  properly  appreciate  its  importance  and  value 
it  is  necessary  to  keep  these  facts  In  mind — it  Is  necessary 
to  try  to  grasp  the  amazing  possibilities  of  a  project  that 
proposes  to  open  more  than  150  veins  of  ore  to  a  maximum 
depth  of  3,000  feet.  What  the  Adit  system  is  doing  for  the 
upper  country,  the  Sunset  tunnel  will  do  for  the  lower 
region,  bringing  to  a  common  focus  the  entire  mineral 
wealth  of  the  district  at  the  least  cost  and  the  largest 
revenue.  What  this  revenue  may  become  will  be  limited 
only  by  the  working  capacity  of  the  tunnel  and  the  milling 
facilities  for  handling.  Such  an  enterprise  in  such  a  coun- 
try should  handle  5,000  to  10,000  tons  of  ore  a  day. 

As  projected,  the  direct  or  main  line  of  the  Sunset  tun- 
nel Is  18,480  feet,  3.5  miles.  In  this  distance  It  gains  a 
vertical  depth  beneath  the  collar  of  the  old  N'l  Wot  shaft 
above  the  town  of  Ward  of  1,810  feet.  Extended  due  north 
its  vertical  depth  will  exceed  2,000  feet.  As  will  be  seen 
on  the  large  color  map,  this  main  line  picks  up  the 
Dew  Drop  lead  at  or  near  the  mouth  of  the  Adit  tunnel, 


-23- 


1,200  vertical  feet  below  that  level.  A  branch  extended 
westerly  8,000  feet  on  the  course  of  the  vein  from  that 
point  will,  in  that  distance,  reach  a  depth  of  3,000  feet 
beneath  what  is  known  as  the  Tempest  shaft  on 
the  Timberline  ground.  Of  the  region  through 
which  the  line  passes  surveys  have  been  made 
and  elevations  determined,  as  shown  in  the  accom- 
panying plat  and  profile.  As  will  be  seen  from  the  profile, 
the  tunnel  enters  the  mountain  from  Four  Mile  canon, 
near  Sunset  camp.  In  the  first  2,000  feet  of  its  course  it 
gains  a  depth  of  1,200  feet  and  cuts  five  known  veins. 
Thence  through  a  somewhat  flat  country,  where  more  than 


district,  this  is  by  no  means  its  limitations.  Indeed,  in 
view  of  its  wider  possible  scope,  the  mining  feature  might 
be  considered  secondary.  Northern  Colorado,  cut  off  by 
inaccessible  mountains,  is  itself  a  vast  undeveloped  empire, 
rich  in  mineral,  grazing  and  agricultural  lands.  In  extent 
this  region  is  equal  to  the  combined  area  of  Scotland  and 
Wales.  To  reach  it  the  great  trunk  lines  of  the  plains  have 
made  many  attempts,  but  these  mountains  have  thus  far 
proved  an  impassable  barrier.  The  Colorado  &  North- 
western Railroad  Company,  a  new  and  ambitious  corpora- 
tion, have  already  built  from  the  plains,  and  are  stretching 
their  plans  for  a  final  leap  over  the  range  into  this  waiting 


SUNSET,   THE  FUTUHE  CHIEF  CENTER  OF  THE  BIG  FIVE. 


a  dozen  known  veins  exist,  it  passes  beneath  Left  Hand 
creek,  on  beneath  the  shoulder  of  Grassy  mountain,  Cali- 
fornia gulch  and  into  the  higher  regions  of  the  NI  Wot  and 
Timberline.  This  great  bore  will  be  constructed  on  a  one- 
quarter  of  one  per  cent,  grade,  three  inches  to  100  feet; 
be  8x8%  feet  in  the  clear  and  have  a  two-foot  covered 
waterway  beneath  the  tracks.  The  tracks  will  be  heavy 
railway  steel,  twenty-four  Inch  gauge,  and  a  fifth  rail  can 
be  laid  to  admit  the  cars  of  the  Colorado  &  Northwestern, 
and  the  ore  be  thus  loaded  from  the  chutes  directly  to  the 
train. 

While  the  initial  form  of     this     project     contemplates 
opening  a  passage  Into  the  heart  of  the  mineral  of  Ward 


paradise  for  capital.  Their  line  at  the  present  time  passes 
directly  before  the  mouth  of  the  Sunset  tunnel.  To  under- 
stand the  situation  it  Is  necessary  to  state  that  the  railroad 
ascends  the  canon  from  the  plains  to  this  point,  Sunset, 
a  simple  matter.  From  here  the  ascent  of  the  hills  begins, 
by  no  means  a  simple  matter,  and  it  is  doubtful  if  when 
the  higher  points  are  reached  that  a  railroad  can  be  built, 
or  if  built,  can  ever  be  successfully  operated.  But,  could 
this  line  find  a  passage  through  the  mountains  instead  of 
over  them,  It  would  solve  the  problem  and  this  great  new 
empire  would  be  opened.  The  Sunset  tunnel  offers  a  solu- 
tion of  the  problem—not  a  simple  one— but  still  the  only  so- 
lution the  situation  can  ever  have.  Extended  nine  miles 


-24- 


KJT    wim    HII 

acres.  Thft 
is  In  n  p<>- 
tliis  be  not 


beyond  its  present  projected  cuiirsc.  ;i  total  length  of  12.5 
miles,  and  the  trains  of  the  Northwestern  would  glide 
under  the  great  mountain  barrier,  out  Into  the  rich  plains 
beyond.  Thence  onward  this  line  would  be  the  sole  mast.-r 
of  a  new  empire.  In  view  of  such  a  possibility,  the  Sunset 
tunnel  will  be  built  witli  an  eye  single  to  ultimately  con- 
trolling the  railroad  traffic  of  northern  Colorado. 

An  examination  of  the  mnp  shows  all  Bitr  Five  property 
In  colors.  About  600  acres  of  this  property  lies  directly 
over  the  course  of  the  main  line  at  the  north  end.  and  the 
branch  following  the  I>ew  Drop  vein  to  the  Tlmberlino. 
To  the  south  there  is  an  interval  of  a  mile,  and 
here  are  eighteen  nnpatented  claims,  covering  the  main  line 
toward  the  south  end.  Further  on.  at  the  mnnel  month, 
lies  a  twenty-acre  placer.  This  also  is  the  property  of  the 
Rig  Five,  and  secures  to  the  enterprise  valuable  dumping 
ground,  machinery  building  sites  nnd  valuable  water  rights. 
This  Is  patented  ground,  which,  taken  together  with  all 
other  territory  owned,  makes  a  total  of  820.  acres.  Th« 
Rig  Five  therefore  controls  the  situation  and 
sition  to  dictate  terms.  Lest,  however,  that  this 
understood,  it  is  proper  to  add  that  the  Sunset  Tunnel  Rail- 
way Company  will  be  chartered  as  a  railroad  corporation, 
having  all  the  rights  accorded  such  corporations  by 
statute:  the  right  to  condemn  a  riirht  of  way.  and  pass? 
through  or  over  any  ground  as  a  common  carrier.  So  that 
notwithstanding  the  fact  that  not  all  the  country  throueh 
which  this  big  tunnel  line  passes  is  the  property  of  the  RK* 
Five,  there  can  never  be  any  obstacle  to  its  progress  on  » 
question  of  rights.  In  addition  to  this,  all  outside  mines 
opened  by  the  tunnel  can  be  made  to  pay  tribute  for  drnln- 
nire.  traffic  etc..  which  in  the  aggregate  will  become  a 
source  of  Idrge  revenue 

Mention  has  been  made  of  valuable  water  rights.  It  is 
a  part  of  the  Sunset  tunnel  project  to  secure  to  Itself  the 
valuable  water  power  at  the  head  of  Four  Mile  cation, 
within  a  few  rods  of  the  mouth  of  the  tunnel.  The  water 
nt  this  point  descends  into  the  canon  with  a  fall  of  700  feet. 
In  a  distance  of  one  mile.  The  water  supply  will  be  supple- 
mented by  ditches  from  the  lakes  above,  a  mile  of  steel  pipe 
put  In  and  an  electric  power  plant  of  300-horse  power  es- 
tablished at  the  tunnel  mouth. 

The  opportunities  which  this  situation  offers  for  the  es- 
tablishment of  such  a  plant  are  unsurpassed  anywhere  in 
the  state.  Sunset  Is  an  ideal  spot.  It  is  like  a  summer 
garden  deep  set  In  the  shelter  of  surrounding  hills.  Neither 
winds  nor  snows  can  ever  enter  here.  The  sun  shines 
here  all  the  year  round.  It  is  7 .(585  feet  above  sea  level. 
and  nearly  2,000  feet  lower  than  Ward.  It  Is  an  open, 
level  basin  nearly  a  quarter-mile  wide  and  a  mile  In  lengtli. 
Here  a  small  camp,  and  the  depot  and  trackage  system 
of  the  Colorado  &  Northwestern  are  already  established. 
This  entire  basin— an  old  placer—  is  now  the  property  of 
through  the  main  range.  As  the  dump  spreads  out.  on  iis 
solid  surface  the  power  plant  will  be  established.  Here.  i<  >. 
will  be  set  up  a  reduction  plant  for  treating  all  ore  delivered 
through  the  tunnel.  A  plant,  modern  and  complete  in  eveiy 
detail,  equal  to  handling  1.000  to  5,000  tons  of  ore  a  day. 
will  be  built  here,  and  will  make  this  point  one  of  the 
greatest  milling  centers  in  the  state.  To  bring  Into  exist- 
ence a  power  plant  and  reduction  works  of  such  an  e.x- 
tent  will  require  much  time  and  money,  but  such  and  so 


favorable  are  all  conditions  that  by  the  time  the  great  bore 
readies  the  heart  of  Ward  district  this  feature  of  the  pro- 
ject is  certain  to  fake  shape. 

Passing  to  the  question  of  cost  and  the  money  Involved 
in  so  great  an  undertaking,  here  are  the  estimates,  and 
will  serve  our  present  purpose.  The'  experience  of  the  com- 
pany In  driving  the  Adit  tunnel  furnishes  a  basis  of  cost 
for  this  larger  enterprise.  The  greater  portion  of  this 
drive  will  be  cross  country,  and  experience  has  shown  that 
the  Sunset  Tunnel  Railway  Company,  or  will  become  such 
Immediately  on  organization.  Over  this  basin  the  great 
dumps  of  the  tunnel  will  spread  out  as  the  work  advances. 
As  the  tunnel  mouth  is  fifty  feet  above  the  general  level 
there  Is  here  abundant  dump  room  for  the  drive  made  clear 
such  a  drive  Is  more  expensive  than  a  drive  of  equal  dis- 
tance on  the  vein.  To  drive  such  a  tunnel  on  the  vein. 
with  such-  cheap  power  as  here  provided,  $20  a  foot  will 
cover  all  expense.  On  a  cross  drive  of  the  same  propor- 
tions one-half  should  be  added,  or  $30  .a  foot.  On  this 
basis  the  total  cost  of  a  drive  across  country  18,480  feet, 
the  length  of  the  main  line,  will  be $554,400.  To  this  should 
lie  lidded  $00,000  for  power  plant  and  perfecting  water 
power;  $50.000  for  the  necessary  upraises  to  surface;  $10,000 
for  car  and  electric  motor  equipment;  $100,000  for  the  neces- 
sary ore  reduction  plant  at  the  mouth  of  the  tunnel,  making 
the  total  cost  of  this  undertaking  complete  $774,400. 

Such  a  work  will  require  five  years  to  perfect.  With 
abundant  capital  and  the  use  of  the  most  improved  and 
powerful  machinery  this  time  limit  is  conservative.  But  it 
will  not  be  necessary  to  put  such  capital  into  the  undertak- 
ing directly.  It  is  but  the  higher  perfection  of  the  Adit 
tunnel  system  now  well  forward.  With  its  hand  upon  this 
productive  work,  receiving  from  it  a  big,  substantial  reve- 
nue, the  Sunset  tunnel  may  go  forward  in  easy  stages, 
ready  to  come  into  use  many  years  before  this  upper  ground 
is  exhausted. 

So  brief  an  outline  of  so  great  a  project  serves  a  pur- 
pose, but  falls  to  give  more  than  a  vague  idea  of  its  extent 
and  value.  The  investing  public  are  invited  to  give  the 
undertaking  its  countenance  and  support,  and  lest  in  the 
minds  of  many  there  may  exist  a  reasonable  doubt  as  to 
tin-  value  of  such  an  undertaking  It  will  serve  a  purpose 
to  call  attention  for  a  moment  to  like  enterprises  elsewhere. 
Miuiug  by  great  tunnels  driven  into  the  hills,  though  com- 
p:i  i  a  lively  new  to  the  gold  fields  of  Colorado,  is  as  old  as 
uiuu's  search  for  gold.  In  Cornwall  they  have  mined  for 
3.lX)o  years,  and  the  great  Hedruth  tunnel,  thirty  miles 
iu  ex  tun  i,  has  made  this  possible  not  only  in  the  pust  but 
for  hundreds  of  years  to  come.  For  more  than  eight  cen- 
turies the  Ham  mountains  of  Germany  have  given  up  their 
treasures  through  miles  of  tunnels:  the  sumo  is  true  iu 
Hungary,  Spain  and  elsewhere,  proving  tlieir  valuu  through 
centuries  of  operation.  Nor  need  we  go  so  far  from  home  to 
establish  the  fact  that  a  mining  region  thus  opened  becomes 
the  greatest  and  most  substantial  source  of  production  that 
has  ever  been  employed.  In  Colorado  the  Revenue  tunnel 
iu  tin-  San  .luuu  Uus  already  proved  this,  opening  lo  great 
depih  a  single  vein,  where  a  thousand  men  find  employ- 
ment, sending  out  more  ore  at  less  cost  every  day  than  any 
other  twenty  mines  in  the  region.  But  of  modern  examples 
tlje  great  Sutro  tunnel  of  the  Comstock  lias  iu  this  coimec- 
lion  ihe  highest  value:  for  by  a  strange  coincidence  this 


SUBSET  TUISLNEH. 

^IVE 

^55=;^^ 

1"-^^^  (?Vj!     ^^ 

Franc^  Colorado. 


KEY. 

...  ~^«^-i      PROPERTY  or 

11   COLVMBIAMWS3    C« 
.  "     DEW  DR8PAM/1WO     " 

"    ADIT 

"        "  TUA/JEL    - 

"    DEW  DROP  MILL     " 
••  /t\  VNf/T  ^1Wf/16 
••   TIMBtRLIAlE  " 

TUAI/MEL-  TRACKS 

RAILROAD 

CREEIW.  ...: 

VEINS 

PORPHYRY.. 

GRA/NITL  *• 

/•1ICA  5CWIST. 


fr"Nj88$ffe.,    ' 


"••\v?-?"^;?'^~—  -'  'L".?A?47r4aSP^?P^'       ^-v^rST^V^W- 

'•s-a**«&Sfe     V^:^^K^SM:;^v#'^C    ,  .^W^K** 

^F^SS^^^^^^^M^^Ssj^^:^^^^^ 


- 


This  block  of  ground  (the  Timberline 
is  S.OOO  feet  dwp  abo»e  the  ler«]  of  the 
Sunset  Tunnel.  Its  length  is  8,000  feet 
The  vein,  if  laid  flat  on  the"  ^urface. 
would  represent  a  mass  of  mineral  3HI 
acres  in  extent.  3  to  8  l«>et  thick 


3UN3CT  TUNNCL. 

THftOVGH 


„#?' 


\  -  <-j^V"~-  * 

gftMarnmw^  L.I — -'•.r^?-,  \ 

,          -.f^'S/r"  ""--••        V 

5^w 

S2L«^.1   ,* 


great  enterprises  has  niauy  features  in  common  with  the 
Sunset  project. 

That  this  may  be  better  understood,  we  give  here  a 
simple  profile  of  the  Sutro  tunnel,  showing  its  length  and 
depth  at  the  point  of  intersection  with  the  Comstock  lode. 
Upon  the  same  base  is  given  a  profile  of  the  Sunset  tunnel. 
By  a  remarkable  coincidence  the  distance  from  the  Carson 
river  to  point  of  intersection  with  the  lode,  18,500  feet,  is 
exactly  the  distance  from  Sunset  to  a  point  beneath  the 
collar  of  the  Ni  Wot  shaft  at  Ward.  The  upper  contour 
line  shows  the  surface  of  the  country  from  Sunset  to  the 
Ni  Wot,  the  lower  dotted  line  the  contour  from  the  Carson 
river  to  the  top  of  Davidson  mountain  beyond  the  Com- 
stock. It  will  be  noted  that  the  Sunset  tunnel  has  the  great- 
est depth  at  every  point.  The  Sutro  cuts  the  Comstock 
1,600  feet;  the  Sunset  cuts  the  Ni  Wot  1,860  feet,  and  below 
the  Adit  level  1,200  feet.  The  Sutro  is  a  crosscut  tunnel, 
and  cut  but  a  single  important  lead,  the  Brunswick,  in  all 
Its  course  before  reaching  the  Comstock.  Like  it  the  Sun- 
set is  a  cross-cut,  but  unlike  it,  will  cut  over  100  important 
veins,  before  it  drives  Into  the  bonanza  ore  of  the  old  Ni 
•Wot.  It  took  ten  years  to  drive  the  main  line  of  the 
Sutro;  the  Sunset  will  do  the  same  in  five — possibly  three, 
if  time  be  made  of  the  essense  of  the  contract.  It  cost 
$3,500,000— $175  a  foot— to  drive  the  main  line  of  the  Sutro; 


tons  of  ore  a  day;  raised  to  a  net  annual  income  of  $1,000.- 
000,  the  average  daily  tonnage  must  rise  to  3,000. 

So  many  and  striking  are  the  features  in  common  be- 
tween the  two— the  Sutro  and  the  Sunset  tunnels— that  an 
examination  of  these  figures  will  serve  a  purpose.  The 
tunnels  are  practically  the  same  in  length;  in  depth  they 
reach  the  same  distance,  the  advantage  being  slightly  in 
favor  of  the  Sunset.  In  trackage  capacity  they  are  the 
same— double  tracked,  and  easily  equal  to  handling  3.000 
tons  of  ore  a  day.  At  a  charge  of  $1— one-half  the  rate  made 
by  the  Sutro— the  anuual  net  income  of  the  Sunset  will  ex- 
ceed $500,000.  As  the  estimated  cost  of  the  undertaking 
is  but  that  amount  ($500,000),  as  against  $5,000,000  for  the 
Sutro,  the  Sunset  at  once  appears  as  a  most  alluring  invest- 
ment. Nothing  greater,  we  think,  has  ever  been  offered. 

But  the  probabilities  ot  such  an  income  should  be  care- 
fully examined  and  the  grounds  for  thinking  this  not  only 
possible  but  probable  made  evident.  Starting  from  the 
Umnel  mouth  at  Sunset,  the  hill  rises  very  rapidly — in  a 
distance  of  2,000  feet  rising  over  1,000  feet.  In  that  short 
distance  five  known  veins  will  be  cut  at  an  average  depth 
of  800  feet.  Such  are  the  conditions  that  these  can  be 
made  immediately  productive,  and  the  tunnel  be  returning 
a  revenue  in  a  few  months  after  its  inception.  As  the  liue 


This  cut  shows  the  relative  length  and  depth  reached  by  the  Sutro  and  Sunset  tunnels.     The  base  line  is  common  to  both.     The  upper  or  continuous  line  is 
the  surface  line  of  the  Sunset  tunnel  from  Sunset  to  Ward.     The  dotted  line  immediately  below  sliows  the  surface  from  the  Carson  River  to  Davidson  Mountain. 


$30  a  foot,  or  $555,000,  will  drive  the  Sunset  a  like  distance. 

Acting  for  the  stockholders  in  '87,  Theodore  Sutro  said: 
"The  average  gross  income  of  the  Sutro  tunnel  for  the  pnst 
three  years,  ending  March,  1887,  is  $204,775.59  per  annum. 
Deducting  from  this  the  expense,  the  total  net  Income  for 
these  three  years  is  $353,780.70,  or  $117.926.90  per  year." 

When  It  is  considered  that  up  to  this  time  but  ten  of  the 
Comstock  shafts  had  been  connected,  that  not  one-tenth  of 
its  earning  capacity  had  been  reached,  there  is  something 
facinating  in  its  future  earning  capacity.  Of  this  he  says: 
"Taking  as  a  basis  of  calculation  the  work  of  the  past  two 
years,  and  the  natural  increase  in  production,  the  net  in- 
come for  the  year  1888  -will  exceed  $300,000 — an  increase  of 
100  per  cent,  in  a  single  year."  Carried  forward  but  a  short 
time  at  such  a  rate,  a  net  annual  income  of  $1,000,000  would 
be  easily  reached. 

In  this'  connection  the  chiefest  interest  is  that  these 
figures  furnish  us  a  basis  of  comparison  for  measuriug  tlie 
possible  future  of  the  Sunset  tunnel.  Sutro's  figures  else- 
where show  that  the  cost  of  operations  approximates  50 
per  cent,  of  the  gross  earnings.  As  the  net  earnings  for 
1888  were  estimated  at  $300,000,  and  the  charge  per  ton 
was  $2,  the  gross  earnings  would  be  $600,000,  showing  a 
total  tonnage  capacity  of  300,000,'  or  approximately  l.ooo 


advances  along  the  course,  little  added  depth  is  gained  for 
nearly  a  mile,  but  in  that  distance  more  than  thirty  veins 
will  be  cut.  Each  of  these  opeued  and  made  it-itily  ror 
mining  may  easily  produce  fifty  tons  a  day,  or  a  total  for 
the  thirty  veins  of  1,500  tons— one-half  of  the  rated  tonnage 
of  the  Sutro.  It  might  be  questioned  if  this  were  possible. 
In  answer  to  this,  we  would  say  that  in  the  experience  of 
this  region  there  is  not  a  sulphide  vein  that,  cut  to  that 
depth,  may  not  easily  produce  that  amount  of  ore  for  ;iu 
indefinite  time.  There  is  not  a  single  operating  mine  in 
Ward  to-day  that,  working  through  a  shaft,  cannot  easily 
produce  that  amount  of  ore.  How  much  more  readily, 
then,  may  not  such  veins  give  a  like  production  working 
through  a  tunnel. 

In  the  first  mile  of  the  tunnel's  length  these  thirty  veins 
furnish  a  daily  tonnage  of  l.fioo.  I'ushed  another  mile, 
an  equal  number  will  be  cut.  In  two  miles'  length  the  tun- 
nel will  have  reached  3,000  tons— the  highest  toumige  rate 
given  to  the  Sutro.  The  tunnel  will  not  up  to  that  time 
have  reached  the  rich  mineral  center  of  the  district— the 
Adit-Dew  Drop  mines,  the  Ni  Wot,  Columbia  and  UtU-a. 
It  is  here  depths  of  2,000  feet  are  reached,  on  ore  bodies 
known  to  be  big  and  Inexhaustible.  If  the  first  two  miles 
of  the  tunnel  drive  may  be  safely  rated  at  3,000  tons,  the 


third  and  last  mile,  tapping  this  rich  center  at  such  a 
depth  will  more  than  double  this.  Six  thousand  tons  of  ore 
will  yield  a  revenue  of  $3,000  a  day  above  all  cost,  exceed- 
ing a  net  annual  income  of  $900,000. 

Just  this  prospect  and  nothing  less  lies  within  the  reach 
of  this  great  enterprise.  Cast  into  figures,  it  seems  too 
great  to  be  ever  realized.  But  the  men  who  have  the  nerve 
and  energy— the  men  who  are  willing  to  back  so  great  a 
venture  with  their  money— will  find  in  a  few  short  years 


passaee  the  waters  of  the  western  slope  can  be  made  to 
flow— rivers  and  lakes  innumerable— and  the  barren  plains 
of  Kansas,  Nebraska  and  Colorado  be  made  the  future 
garden  of  the  world. 

Mining,  railroad  and  Irrigation— the  three  great  wealth 
producers  of  the  world— He  wrapped  In  this  great  project. 
Modern  methods,  modern  enterprise  and  modern  courage 
dares  venture  such  things  now,  for  man  has  come  to  learn 
that  along  such  lines  lies  the  road  to  fortune. 


r 


SfXSKT  Tl'XXKI*  ENTRANCE,  SUOWLXG  PHKSKXT   I'OWKH  HOUSE. 


that  they  have  opened  for  themselves  and  for  posterity 
an  avenue  of  unbounded  wealth. 

The  Sunset  Tunnel  Railway,  as  projected,  has  most  ex- 
cellent precedents,  old  and  new.  Greater  than  any  of  these 
in  its  possibilities  of  revenue,  with  the  reduced  cost  of 
mining  and  the  improved  machinery,  It  can  be  built  for 
one-fifth  the  cost  in  one-half  the  time.  Valuable  as  it  is 
certain  to  become  as  a  mining  tunnel,  Its  value  does  not 
stop  here.  As  a  future  passage  for  some  great  transcon- 
tinental railroad,  giving  a  direct  course  to  Salt  Lake  and 
the  coast— lessening  the  distance  by  nearly  300  miles- 
through  which  the  commerce  of  the  great  West  will  pour, 
no  man  can  adequately  estimate  its  value.  On  the  plains 
below  there  are  waiting  millions  of  acres.  Through  this 


The  revenue  for  driving  the  Sunset  tunnel  is  provided 
for  by  a  special  provision  of  the  Columbia  Mines  Company 
and  Timberline  Mines  Company — 900,000  shares  in  each  com- 
pany. This  stock  will  provide  funds.  This  is  sufficient 
to  drive  the  tunnel,  at  thirty  dollars  per  foot, 
about  19,000  feet:  bringing  It  into  the  Timberline  ground 
on  the  west,  and  the  Ni  Wot  and  Columbia  properties  on 
the  north.  The  most  conservative  estimate  on  the  profits 
of  this  investment  Is  from  25  to  100  per  cent,  a  year.  A 
very  little  figuring  and  calculation  will  show  that  the  drain- 
ing of  tbe  different  mines  reached  and  transportation  of 
the  ore  from  them  will  give  you  an  annual  dividend  on  this 
investment  of  25  to  50  per  cent.,  making  it  one  of  the  best 
investments  that  the  closing  year  of  the  century  offers. 


-29- 


Every  man  has  at  least  one  golden  oppor- 
tunity, and  life  is  full  of  lesser  ones.  Are 
you  a  •ware  that  now  is  your  opportunity  and 
that  this  is  a  message  from  the  Big  Five  to 
you? 


Camp    Frances, 

The  Future  Center  of  District. 

SWEPT  by  fire,  the  ancient  center  of  the  district,  Ward, 
is  now  a  ruin.   On  the  old  historic  spot  fate  has  ever 
laid  a  heavy  hand.  Under  conditions  that  would  long 
ago  have  crushed  a  less  vtirile  community,  the  old 
camp  has  struggled  on.   Ever  hopeful  of  the  succeed- 
ing years,   she   has  met  disappointment  with  unswerving 
courage.    Confident  of  the  riches  that  lay  buried  In  her 
hills,  men  said,  "W  e  will  win  out  yet,"  and  so  girding  up 
each  his  loins,  they  builded  their  houses  and  anchored  each 
his  hope.    Ruin  it  may  be,  but  at  best  it  Is  only  temporary 
ruin,  for  the  hope  is  well  anchored,  and  Ward  will  rise 
again  with  renewed  strength  from  Its  ashes. 

As  a  business  and  producing  center  its  ascendancy  is, 
however,  threatened.  This  is  putting  a  mild  construction 
on  the  present  and  growing  conditions.  Across  the  moun- 
tain, to  the  south,  hardly  more  than  half  a  mile,  lies 
Frances,  the  home  of  the  Big  Five.  Measured  by  years  it 
is  a  mere  child,  compared  with  the  older  camp— hardly 
more  than  a  grandchild.  But  it  is  a  vigorous  youngster,  and 
in  its  four  years  of  life  has  shown  a  vigor  that  promises 
well  for  its  future.  As  a  mining  camp  it  is  a  model  com- 
munity. Here  are  some  thirty  families,  located  in  substan- 
tial cabins,  a  school  house,  two  hotels,  general  store,  post- 
office,  railway  and  telegraph  station,  all  centered  about  the 
extensive  company  buildings  of  the  Big  Five.  As  the  land 
is  practically  all  the  property  of  the  company,  the  life  of 
the  community  is  largely  subject  to  the  control  of  the  com- 
pany management.  It  is  thus  possible  to  keep  out  every 
undesirable  or  corrupting  influence,  so  that  the  Frances  of 
to-day  presents  the  exceptional  instance  of  a  mining  camp 
of  nearly  200  people  without  a  saloon,  gambling  house  or 
dance  hall  within  its  limits.  The  result  is  just  what  it 
always  is — a  model  community,  devoted  wholly  to  the  busi- 
ness of  right  living,  with  simple  pleasures  and  uninter- 
rupted industry. 

Wholesomely  founded,  there  is  behind  it  that  which 
makes  for  stability— an  established,  extensive  business.  In 
the  company  works  a  force  of  sixty  men  are  steadily  em- 


-30- 


ployed,  and  among  them  nearly  $1,000  are  distributed  every 
thirty  days,  and  this  money  they  get  with  the  promptness 
and  precision  of  clockwork— the  tenth  of  the  month  has 
always  found  the  Big  Five  able  and  willing  to  meet  every 
obligation.  In  the  camp,  therefore,  there  is  among  the  men 
no  cause  for  debt.  The  result  is  that  Frances  is  steadily 
drawing  to  itself  the  best  brawn,  brain  and  character  of  the 
district. 

But  it  has  done  more  than  this.  It  hns  drawn  to  Itself 
the  best  mines  of  the  region.  Not  content  with  its  local 
strength,  it  has  reached  out  to  the  older  camp  and  has 
drawn  from  it  the  mines  themselves— the  big  mines— that 
have  ever  been  the  hope  and  strength  of  the  older  com- 
munity. With  Its  far  extending  tunnel  system,  Frances  has 
reached  out  to  the  Ni  Wot  and  Columbia;  in  the  coming 
years  will  reach  out  still  farther,  and  the  result  will  be 
that  the  center  of  business  and  production  will  shift  to  the 


mouth  of  the  Adit  tunnel,  around  which  Frances  is  now 
building. 

This  Is  inevitable.  The  district  itself  feels  and  acknowl- 
edges It.  The  railway  management  acknowledges  It.  And 
when  the  period  of  production  in  the  Big  Five  mines  begin 
—when  a  thousand  tons  of  ore  come  pouring  through  the 
tunnel  mouth  each  day,  from  the  Ni  Wot,  Columbia,  Adit, 
Dew  Drop  and  Timberline;  when  the  great  mill  becomes 
the  reduction  plant  it  is  planned  to  make  it,  piling  up  the 
virgin  gold  in  thousands  daily,  then  will  be  seen  right  here 
a  new  Ward,  a  new  community,  compared  to  which  the 
palmiest  days  of  the  older  camp  could  never  equal. 

Frances  is  certain.  It  has  in  It  all  the  elements  of 
strength  and  future  importance.  They  builded  better  than 
they  knew,  who  laid  Its  corner  stone;  the  hand  that  is 
shaping  its  destiny  has  no  uncertain  touch,  and  the  futurf 
is  secure. 


WAlll) — AFTKH    THE    FIKK. 


—31- 


PERSONAL 


0 


PINION 

OF  THE 

Big  Five  and  its  Management* 


Since  the  beginning  of  its  work,  the  management  of  the  Big  Five  has  held  open  court,  has  invited  every  person  interested  to  visit  the  mines 
and  examine  its  business  methods.  There  are  no  closed  doors  anywhere,  no  secrets.  Many  have  taken  us  at  our  word  and  have  made  personal 
investigation.  These  are  business  and  professional  men  from  various  states,  men  of  unquestionable  standing  each  in  his  own  community,  and 
the  "personal  opinions"  given  here  fairly  represent  the  views  of  all : 


W.  H.  Smith  writing  from  Dm*  Molnes,  says  t 

"Having  recently  returned  from  a  trip  to  the  niiues  of 
the  Big  Five  company,  located  at  Frances,  Colorado,  and 
to  their  office  in  Denver,  I  wish  to  state  that  I  have  exam- 
ined the  property  from  A  to  Z,  went  over  the  entire  ground 
at  the  rnin.es  afoot  and  also  on  horseback,  and  from  one  end 
of  the  tunnel  to  the  other,  and  have  examined  the  books  at 
the  office  in  Denver. 

I  find  after  a  thorough  examination  the  entire  proposi- 
tion in  a  most  satisfactory  condition. 

The  Ni  Wot,  in  which  1  was  most  interested,  I  find  they 
have  taken  out  some  very  fine  ore  from  one  of  the  old 
shafts,  and  of  which  I  secured  some  excellent  specimens, 
which  I  am  reliably  informed  will  assay  from  $50  to  $100. 

I  am  entirely  satisfied  all  is  being  done  to  push  the  tun- 
ael  to  completion  that  could  be.  After  talking  with  some 
of  the  oldest  and  best  posted  miners  in  that  part  of  Colo- 
rado, I  am  more  firmly  convinced  that  the  Ni  Wot  is  the 
best  proposition  in  the  hills.  I  asked  the  question  from 
these  miners  (they  not  being  interested,  nor  did  they  know 
I  was):  What  is  the  best  proposition  in  the  region?  The 
universal  answer  was,  "The  Ni  Wot  or  Columbia  lode  is 
the  best  one  in  the  whole  region." 

I  find  the  Adit  tunnel  progressing  in  a  very  satisfactory 
manner  and  the  work  in  every  particular  first-class.  The 
power  house,  machinery,  and  in  fact  everything  connected 
with  the  Big  Five  is  the  best  that  can  be  had,  and  the  entire 
work  at  the  mines,  under  the  excellent  supervision  of  Mr. 
Daniels  is  conducted  in  a  thoroughly  economical  and  busi- 
ness-like manner. 

I  find  all  supplies,  even  down  to  a  single  screw,  nut  or 
bolt,  must  be  acounted  for  to  Mr.  Daniels  when  taken  from 
the  supply  room,  so  close  does  he  watch  these  matters. 

At  the  office  in  Denver  I  had  the  pleasure  of  meeting 
Mr.  Merrill  for  the  first  time,  who  opened  the  books  for 
my  inspection,  and  which  I  can  assure  the  stockholders  of 
the  Ni  Wot,  to  be  a  most  systematic  system  of  bookkeep- 
ing. A  better  system  could  not  be  invented. 

The  department  under  Mr.  Loftus'  jurisdiction  is  thor- 
ough in  every  particular,  and  I  can  asusre  the  stockholders 
of  the  Ni  Wot,  that  under  the  careful  management  of 
Messrs.  Merrill,  Daniels  and  Loftus,  that  they  need  have 
no  fear  but  that  their  interests  will  be  looked  after  with 
the  closest  attention,  and  I  wo^ld  advise  all  Ni  Wot,  or  any 
prospective  stockholders  to  avail  themselves  of  the  most 


liberal  offer  made  by  the  Big  Five  company  to  visit  the 
mines  and  see  for  themselves  the  magnitude  of  this  enter- 
prise." 

J* 

Early  In  the  spring  H.  A.  True,  of  Summorvillc,  spent  may- 
oral  daym  In  camp  i 

"I  inspected  the  Big  Five  properties  Juue  28th,  29th  and 
30th,  and  was  very  favorably  impressed  with  the  outlook. 
They  certainly  have  an  immense  body  of  ore,  and  every- 
thing in  the  way  of  development  work  has  been  conducted 
upon  a  substantial  foundation  and  in  a  way  to  make  the 
actual  work  of  mining  possible  at  extremely  low  cost.  The 
management  appears  to  be  capable  and  honest,  and  I  have 
the  utmost  confidence  in  the  officers. 

In  the  natural  course  of  events  the  Dew  Drop  would  be 
the  first  to  pay  dividends  as  it  is  already  opened  up  from 
end  to  end,  and  I  should  guess  would  be  able  to  pay  sub- 
stantial dividends  in  from  six  to  eight  months  If  the  direc- 
tors should  decide  to  mine  the  ore  in  sight. 

I  am  personally  only  interested  in  the  Ni  Wot  and  Col- 
umbia and  am  very  much  pleased  with  the  prospects  for 
both.  I  examined  the  ore  dumps  with  great  care,  and  am 
convinced  that  the  tunnel  will  cut  the  vein  at  such  depth 
as  to  give  a  body  of  marvelous  rich  ore  if  indications 
amount  to  anything. 

I  failed  to  find  anything  during  my  visit  that  was  not 
as  represented  in  printed  matter  issued  by  the  company.  I 
will  say  finally,  that  I  am  highly  pleased  with  my  invest- 
ment, and  hope  the  companies  will  continue  in  the  line  of 
development  marked  out,  rather  than  deviate  for  the  sake 
of  mining  for  a  dividend.  I  am  satisfied  that  the  dividends 
are  there  and  will  come  in  due  time  and  come  to  stay." 


H.  C,  Lutz,   of   Wllkcsbarro,  Pa.,  waa  at  Ihc  mines  early  In 
July.    Writing  to  a  friend,  he  maya  i 

"I  have  been  to  see  the  great  and  only  Big  Five  at  Camp 
Frances.  I  am  to-day  one  of  its  heaviest  stockholders, 
thanks  to  you.  Since  you  first  recommended  me  to  ex- 
change stock  in  it,  I  have  watched  it  as  closely  as  possible 
at  a  distance,  becoming  interested  in  every  proposition  they 
offered,  and  now  since  I  have  seen  the  property  for  myself, 
I  am  more  enthusiastic  than  ever.  I  am  more  than  satis- 
fied with  my  holdings,  and  have  you  to  thank  when  the 
dividends  begin  coming  in,  which  they  will  in  due  time 
without  fail." 


—32- 


J~B,  Swmrthout,  ofJohnuonburo,  /»».,  warn  ft  the  m/no*  In 
July  i 

"I  found  things  just  as  represented  in  the  Mining  World 
—even  better  than  I  was  lead  to  expect  by  reading  the  pa- 
per. Any  stockholder  who  can  afford  it  ought  to  visk  the 
mine*.  A  visit  would  remove  any  doubts  of  any  kind  he 
or  she  might  have.  Just  keep  on  and  I  will  try  and  furnish 
my  share  of  the  funds  to  bring  it  to  a  success  as  soon  as 
possible." 


from  Bcnnington,  VI.,  Of.  F.  W.  Good  all  writ  ox: 

"1  have  put  In  six  months  close,  hard  study  of  the  situa- 
tion and  believe  in  the  combination.  I  cannot  believe  I  am 
deceiving  myself  or  mistaken,  but  you  understand  I  am  not 
an  authority.  I  went  all  over  the  properties  from  Sunset  to 
Ward,  including  Camp  Frances.  I  believe  there  is  a  min- 
eral belt  there  extending  from  east  to  west  through  which 
the  Sunset  tunnel  will  pass,  cutting  the  veins  at  right  angle 
Its  entire  length.  I  saw  evidences  which  I  accept  of  several 
veins  between  Camp  Frances  and  the  Ni  Wot,  the  last  of 
the  present  mining  companies  to  pay  a  dividend." 


From  Percy  Mulhollnnd,    of  Rochester,   we  hmvu  thcmm 
word* i 

"It  was  my  pleasure  recently  to  meet  Miss  Kilbourne,  sis- 
ter of  our  genial  medical  superintendent,  and  I  really  felt 
that  I  knew  all  about  our  mines,  etc.,  for  she  was  so  very 
observant  while  visiting  you  that  I  was  permitted  to  hear 
everything  in  detail  from  her  trip,  which  she  enjoyed  Im- 
mensely, and  It  was  with  a  sad  heart  that  she  bid  us  all 
adieu  to  resume  her  work  in  New  York.  She  told  me  she 
would  cherish  the  most  pleasant  memories  of  her  trip  and 
of  all  the  kind  friends  she  met  there  at  the  mines  and  else- 
where. She  would  not,  she  said,  have  missed  such  a  sight- 
seeing for  any  consideration.  To  sum  up  her  remarks: 
"Everything  about  the  mines  is  all  right,  and  Mr.  Daniels 
and  Mr.  Merrill  are  both  the  right  men  in  the  right  place." 
We  spent  a  whole  evening  besides  at  other  intervals  talk- 
ing and  looking  at  her  samples.  She  was  very  proud  of  hav- 
ing taken  them  out  with  her  own  hands,  and  left  me  some. 

I  would  like  very  much  to  visit  you  this  fall,  as  you  are 
going  to  have  a  big  time,  but  my  ararngements  cannot  so 
be  made.  Nevertheless,  in  every  way  I  am  with  you  and 
with  all  concerned  and  interested  in  the  Big  Five." 


SUNSET  TUNNELY- 

RAILWAY     CS 


The  Strength  of  a  Chain 

is  not  in  its  weight,  but  in  the  individual  links  that  compose  it.  The  Dew  Drop,  Adit,  Ni  Wot,  Columbia  and  Timberline — these  are  the  links 
composing  the  Big  Five  chain;  strong  in  themselves,  united,  the  chain  they  form  cannot  be  equaled.  United  in  this  way,  they  become  a  concen- 
trated force.  They  control  and  own  nearly  600  acres  in  the  heart  of  the  richest  gold  mining  district  in  the  state.  They  have  12,000  feet  of  the 
great  Dew  Drop-Adit  vein,  4,500  feet  of  the  great  Ni  Wot-Columbia  vein.  They  have  already  J  J,000  feet,  nearly  two  miles,  of  tunnels,  levels 
and  shafts;  have  over  300,000  tons  of  ore  blocked  out  and  ready  for  shipment;  have  the  largest  concentrating  mill  ever  built  in  the  district;  em- 
ploy a  force  of  60  men;  will  have  100  on  the  pay  roll  before  the  close  of  the  year,  and  now  everywhere  recognized  as  one  of  the  foremost  gold 
mining  ventures  ever  undertaken. 

-33- 


Answers  to  Questions  That  May  Arise. 

¥ 


Q.—  Why  is  an  investment  in  the  Timberline  good  and  safe  ? 

A. — Because  the  proposed  Timberline  Company  will  own  a 
large  portion  of  the  very  best  and  richest  mineral  terri- 
tory in  the  heart  of  Ward  Camp.  Because  the  charter 
members  secure  their  stock  at  half  the  actual  investment 
when  the  mine  is  properly  opened  up.  Because  the  Tim- 
berline gets  the  advantage  of  all  the  money  that  has  been 
invested  for  the  last  four  years;  it  gets  advantage  of 
5,000  feet  of  tunnel  already  driven;  it  gets  advantage  of 
the  power  plant  now  in  operation.  Because  it  will  never 
incur  debt  faster  than  the  money  paid  in.  Because  it 
has  no  salaried  officers  or  managers,  except  those  who 
return  value  received  by  hard  work  every  day.  Every 
stockholder  has  a  vote  in  the  election  of  directors  for 
every  share  owned  by  him  as  soon  as  he  has  made  one 
payment.  Fifty  dollars  down  and  $  30  per  month  will 
give  you  the  ideal  amount,  5,000  shares,  in  the  Timberline 
Company,  in  forty  payments. 

Q. — Are  there  any  extra  or  unknown  assessments  after  the  stock 
is  paid  for  .*" 

A. — There  are  none  and  there  can  be  none.  The  stock  is  fully 
paid  and  non-assessable. 

Q. — If  I  was  certain  that  -what  you  say  is  true,  I  •would  invest. 

How  shall  I  know  this  ? 

A.— Come  here  and  see  for  yourself.  We  will  pay  the  neces- 
sary expenses  of  the  trip  if  you  take  10,000  shares  of  stock. 
A  trip  to  Colorado  in  June  will  do  you  good,  and  we  prom- 
ise that  you  will  see  much  to  repay  you.  Or  arrange  a 
club  among  your  friends  to  take  a  block  of  the  stock  and 
come  here  as  their  representative.  If  you  are  not  in  a  po- 
sition to  do  any  of  tiiese  things,  write  a  letter  to  any  ref- 
erence here  given  or  any  person  that  has  been  at  the 
mines. 

Q. — If  the  money  we  pay  is  reinvested  in  the  Dew  Drop  Mill, 
Adit  Tunnel  or  Sunset  Tunnel  Railway,  do  we  get  stock  in 
these  companies  issued  to  us,  or  how  is  it  ? 
A. — The  Mill  and  Tunnel  Company  stock  is  not  issued  to  you. 
It  is  issued  to  the  Timberline  Mines  Company  and  held  in 
the  treasury  as  an  asset  for  your  benefit.  Dividends  re- 
ceived by  the  Timberline  Company  from  the  Mill  Company 
or  from  either  of  the  tunnel  companies  will  be  paid  out  to 
you  in  proportion  to  the  amount  of  stock  you  hold  in  the 
Timberline  Company. 

Q. — If  I  should  take  5,000  shares  of  stock  in  the  Timberline 
and  later  wish  to  sell,  wonld  our  office  assist  me  in  placing 
the  same  ? 

A.— No.  Our  business  is  to  sell  the  treasury  stock  of  the 
company.  But  It  has  always  been  the  policy  of  the  Big 
Five  to  protect  its  stockholders.  Should  you  buy  stock 
in  the  Timberline  beyond  your  ability  to  carry  It,  let  us 
know  about  It — we  will  be  very  glad  to  help  anyone.  All 
we  ask  is  that  in  the  beginning  everyone  who  buys  will 
help  push  the  sale  of  treasury  stock,  and  those  who  do  so 
can  rely  on  our  aid  to  a  certainty.  Any  fair-minded  man 
cannot  fail  to  see  that  any  other  policy  would  be  utterly 
demoralizing  and  injurious  to  the  interests  of  all. 


Q.—  What  about  the  Mill  and  Tunnel  companies'  stock  f  Why 
don  t  you  sell  the  stock  of  these  companies,  and  especially  tht 
stock  of  the  Sunset  Tunnel  and  Railway  Company  ? 
A.— We  do  sell  the  stock  of  the  mill  and  of  the  tunnel  com- 
panies; but  it  is  chiefly  sold  to  the  mining  companies. 
These  companies  thus  form  a  wheel  within  a  wheel.  You 
buy  an  interest  in  the  Adit  Mining  Company  or  in  the  Ni 
Wot  Mining  Company  and  you  get  an  interest  in  the 
Adit  or  in  the  Ni  Wot  mine  and  in  the  Adit  tunnel  and 
the  Dew  Drop  mill  companies.  If  you  buy  stock  in  the 
Timberline  Company,  you  get  an  interest  in  the  Timber- 
line  mine,  in  the  Dew  Drop  Mill  Company,  the  Adit  tun- 
nel system  and  the  Sunset  Tunnel  and  Railway  Co.  This 
illustrates  the  re-investment  feature  we  have  been  talk- 
ing about  everywhere. 

Q. — If  the  company  pays  I  per  cent,  dividend,  will  it  be  i  per 
cent,  of  what  we  pay  in  for  stock,  or  I  per  cent,  on  the  par 
value  ? 

A. — Dividends  are  always  figured  on  the  par  value.  One 
cent  dividend  on  5,000  shares  would  amount  to  $.">()  a 
month.  You  pay  in  $30  per  month;  and  inside  of  three 
years  you  can  reasonably  expect  to  receive  back  $50  per 
month;  and  this  amount  as  stated  above,  may  be  largely  in- 
creased in  the  years  to  come.  This  amounts  to  about  50  per 
cent,  per  year  on  the  amount  invested. 

Q. — Suppose  I  fail  to  make  pay nunts  for  six  or  nine  months,  or 
more  f 

A.— Your  stock  is  uon-forfeitable  and  we  have  no  fines. 
The  subscription  provides  that  if  at  any  time  you  are 
unable  or  not  inclined  to  continue  payments,  stock  will 
be  issued  to  you  in  even  hundreds  for  the  amount  paid. 

g.—  What  do  you  estimate  that  the  possible  dividends  may  be  f 

A. — From  half  a  cent  to  three  cents  a  month.  The 
source  of  these  dividends  is  fourfold,  as  stated  above. 

Q. — How  long  may  such  dividends  be  expected  to  continue  f 

A. — With  proper  development  and  the  ultimate  extension 
of  the  Sunset  tunnel  through  the  range,  there  is  no  limit 
to  the  length  of  time  that  these  dividends  can  be  paid. 
With  thorough  and  continuous  development,  the  mines 
will  not  reach  their  greatest  perfection  for  forty  years; 
and  during  all  that  time,  increasing  dividends  may  be 
expected. 

"A  Good  Beginning  is  a  Thing  Half  Done." 

Xou  cannot  expect  to  "strike  it  rich"  if  you  do  not  make  a 
start  and  invest  in  a  gold  mine.  Your  ship  will  never  come 
in  laden  unless  you  launch  it.  Launch  it  to-day.  Don't 
wait  until  to-morrow.  Start  it  to-day  on  the  ground  floor. 
The  small  investors  of  to-day  in  a  few  years  are  the  rich 
men. 

REFERENCES: 

First  National  Bank,  Boulder,  Colo. 
Col.  Oran  Perry,  Indianapolis,  Ind. 
T.  J.  Powell.  Brooklyn,  ft.  Y. 
Col.  P.  Molherlll,    Havana,  Cuba. 

Any  one  who  has  lived  in  Colorado  fifteen  or  twenty 
years  ago,  or  who  has  recently  been  in  Ward  camp  and  ex- 
amined the  Adit-Dew  Drop  and  Columbia  vein. 


TIMBERLINE, 
OKNVKR.      OOl_o. 


-34- 


TK0  thfnes  are  located  In  Ward  tnln* 
Ing  district,  one  of  the  best  in  northern 
Colorado,  aud  I  .consider  them  to-day, 
under  tlie  management,  unions  the  besl 
of  the  state  of  Colorado.  The  gentle- 
men in  charge,  Messrs.  Merrill  and 
1>» nil-Is,  attend  to  tfho  ha-idllng  of  the 
business  lu  person.  Their  dealings 
through  this  bank  have  been  inosi  sat- 
is factory  Indeed,  -ind  If  Mr.  Merrill 
should  ask  fur  $10,000  ou  his  own 
name  he -could  get  it.  I  regard  them 
entirely  responsible,  good,  safe  men." 
—Extract  from  a  lette^  written  by  W. 
II.  Allison,  cashier  First  National 
Bank,  Boulder,  Colo. 


."•»> 


S9fi         't1^  K^        • 

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V      «„* 

'J^§§Sj:§f,§5:J§ 

^/%/  !t- ^  %N^    * ^i  %*''!  ^  ^V/V 


^$£$^^ 


'"/ 
f 


"The  Big  Five  mines  have  been  push. 
Ing  work  very  rapidly  all  summer. 
They  have  put  np  a  two-story,  steel 
bulling,  new  boilers  and  engines,  and 
have  put  iu  the  largest  a(r' compressor 
for  mining  purposes  In  the  state  of 
CoJu.iailo.  They  have' abont  5,000  feet 
of  tuunol  and  arc  still  driving  the  main 
tunnel  aud  Ni  Wot  crosscut..  Both  Mr. 
Bliiir  (general  manager,  ot  this  com- 
]>nny,  and  formerly  general  manager  of 
the  P.  B.  &  t.  B.  It.  It.  of  Pcnnsylva- 
i,!a,)  auit  iho  writer  consider  Mr.  Dan.* 
i-'ls  the  best  business  man  In  any  min- 
ing ramp  along  the  lino  of  this  road." 
— Extract  from,  a  letter  -written  by  3P. 
W.  HilT,  chief  clerk  Colorado  &  North* 
.  B. 


-35- 


ADIT — A  level;  a  horizontal  drift  or  pas- 
sage from  the  surface  into  a  mine. 

AIR  SHAFT— A  shaft  for  ventilation. 

AMALGAM — Gold  or  silver  combined  witfc 
quicksilver. 

APEX— The  top  or  highest  point  of  a  veir; 
croppings  at  the  surface. 

ARASTRA— A  crude  mill  for  grinding  ore. 

ASSAY — A  chemical  or  fire  test  of  mineral 
to  determine  quality  or  quantity;  usually 
to  determine  gold  and  silver  value. 

ASSESSMENT— Percentage  levied  on  the 
capital  stock  of  a  company;  the  annual 
labor  required  by  law  on  mining  claims. 

BASE  BULLION— Lead  combined  with 
other  metals  after  smelting,  cast  in  an 
ingot. 

BATTERY— Generally  applied  to  a  set  ol 
five  stamps. 

BED  ROCK— Solid  rock  underlying  allu- 
vial and  other  surface  formations. 

BLANKET  VEIN— A  flat  or  horizontal 
ore  body. 

BLIND  LODE— A  vein  that  does  not  show 
at  the  surface. 

BLOSSOM  ROCK— Detached  rock  or  ore, 
scattered  over  the  surface,  indicating 
the  presence  of  mineral  veins. 

BONANZA— Rich  bodies  of  ore. 

BREAST— The  face  of  a  tunnel  or  drift. 

BULLION— Ingots  of  gold  or  silver  ready 
for  the  mint. 

BUTTON— The  globule  of  metal  resulting 
from  an  assay. 

CAPPED— A  vein  is  in  the  "cap"  when  it 
is  much  contracted,  or  disappears. 

CAP-ROCK— The  rock  overlying  the  ore 
vein. 

CHIMNEY— The  richer  parts  in  lodes  as 
distinguished  from  poorer  ones;  rich  de- 
posits undefined  by  walls. 

CHUTE  OR  SHOOT— A  body  of  ore,  us- 
ually of  an  elongated  form,  extending 
downward  within  a  vein;  a  slide  for 
ore  or  waste  rock. 

CLAIM — Space  of  ground  located  and 
worked  under  the  law. 

CLEAN-UP— Collecting  the  valuable  pro- 
duct of  a  given  period  of  operation  in  a 
stamp  mill. 

GOLLAR'-Top  of  shaft  or  winze. 

CONCENTRATES- Mineral  from  which 
.  ganeue  and  dirt  have  been  removed. 

CONTACT— Parallel  bodies  of  two  kind* 
of  rock-such  as  lime  and  porphyry. 

CONTACT  VEIN— A  vein  between  two 
dissimilar  rock  masses. 

COPPER  PLATES— Plates  of  copper 
coated  with  quicksilver,  upon  which 
the  gold  is  caught  as  the  crushed  ore 
flows  from  the  stamps. 

CORD— A  cord  weighs  about  eight  tons. 

COUNTRY-ROCK— The  rock  on  each 
side  of  a  vein. 

COURSE  OF  VEIN— Horizontal  direction. 

CREVICE— A  fissure,  split  or  crack;  the 
pay  streak  is  called  "the  crevice." 

CRIBBING— The  t'mbers  used  to  secure 
the  walls  of  a  shaft  or  incline. 

CROPPING-OUT— Mineral  or  mineral 
body  rising  to  the  surface. 

CROSS-CUT— A  level  driven  across  the 
__  course  of  a  vein. 

DEPOSIT— Ore  bodies  not  confined  to  a 
lode;  undefined  by  wall  limits. 

DIP— Same  as  pitch;  the  vertical  slope  or 
Pitch  of  a  vein  or  mine. 

DRIFT— A  tunnelj  a  horizontal  passage 
underground. 


Glossary. 

Definitions  of  Mining  and  Milling  Terms. 

DUMP — A  place  of  deposit  for  ore  or  refire. 
DYKE — A  wall-like  mass   foreign  to  tn< 

.general  formation. 
FAULT — The  displacement  of  a  stratum 

or  vein. 
FISSURE  VEIN— A  crack  or  cleft  in  the 

earth's  crust  filled  with  mineral  matter. 
FTTCHURE— When  a  drill  in  operation 

binds  or  tightens  in  a  crevice  it  is.  said 

to  "fitchure." 
FLOAT — Loose  ore  found  on  the  surface 

detached  from  the  vein. 
FLUX — Substance  used  to  promote  the  fu- 
sion of  ores. 
FOOT- WALL— The  rock  lying    on    the 

lower  or  under  side  of  the  vein  is  called 

the  foot- wall. 

FREE-GOLD— Gold     uncombined     with 

other  substances. 
FREE  MILLING — Ores    containing    gold 

Of  silver  that  will  separate  from  the 

gangue  by  simple  methods. 
GANGUE — Same  as  matrix;  the  substance 

immediately  surrounding  and  associated 

with  the  mineral. 
GASH-VEIN— A  vein  wide  at  the  top  and 

closing  at  a  short  depth. 
GOUGE — A    clay  streak   found  alongside 

the  vein. 
HANGING  WALL— The  rock  lying  above 

or  on  the  upper  side  of  the  vein. 
HEADING — Same  as  breast;  a  vein  of  ore 

above  the  drift. 
HITCH— A  hole  cut  in  the  wall  to  hold 

timbers. 
HORSE— A  body  of  rock  of  same  character 

as  the  wall-rock  occurring  in  the  course 

of  the  vein. 
IN  PLACE— A  vein,  or  ore,  in  its  original 

position. 
JIG — A  machine  for  concentrating  mineral 

by  means  of  water. 
LAGGING — Split  logs  and  poles  used  for 

lining  the  roof  and  sides  of  a  drift  or 

tunnel. 
LATERAL — A  passage  driven  from  main 

line  of  tunnel. 
LEDGE,  LEAD  OR  LOLm— A  rock  ooay 

differing    from     the     country      rock 

through  which  the  mineral  body  courses. 
LEVEL — A  horizontal  passage  or  drift  into 

a  mine  from  a  shaft. 

MATTE — A  mass,  chiefly  of  metallic  sul- 
phides, obtained  in  the  fusion  of  ores. 
MILLHOLE— A  chute  to  pass  ore  through 

from  stopes  to  levels. 
MILL-RUN— A  test  of  the  value  of  a  giv 

quantity  of  ore. 
MORTAR— Receptacle  for    ore    beneath 

the  stamps  of  a  stamp  mill. 
MUCKER— A  man  who  handles  or   re- 
moves ore  or  waste. 
OPEN  CUT — A  surface  working  open  to 

daylight. 
ORES — Metals,  free  or  mixed  with  its  gan- 

gue  and  compounded  with  oxygen,  sul- 
phur, arsenic,  etc. 
OXIDATION — A    chemical   union  with 

oxygen  and  a  consequent  displacement 

of  other  gasses  like  sulphur,  etc. 
PANNING— Separating  gold  from  gangue 

or  gravel  by  washing. 
PAY— Profitable  ore. 
PAY  STREAK— The  rich  streak  in  the 

vein. 

PINCH — Contraction,  of  the  vein. 
PLACER— Deposits  jf  gold  or  other  min- 
eral found  in  pa  tides   in  alluvium  o: 

diluvium. 

m 


POCKET — A  rich  spot  in  a  vein  or  deposit. 
PROSPECTING— Searching  for    mineral 

veins. 

PULP— Finely  pulverized  ore. 
P YRITES-Iron,copper  or  arsenical  sulphide s 
QUARTZ^—  Crystalline  silica. 
RESERVES— Mineral    standing   in  mines 

between  levels  that  will  pay  to  extract. 
RETORT — Gold  or  silver  after  separation 

from  the  quicksilver;    gold  combined 

with  other  metals. 

ROYALTY— The  percentage  paid  by  let- 
sees  on  the  ore  extracted. 
SAL  I'lTSlj— flacmg  loreign  ore  in  me  crev- 
ice of  a  vein  for  the  purpose  of  deceiving. 
SHAFT — A  well-like  passage  into  a  mine. 
SHIFT — A  miner's  work  for  a  day. 
SKIP — A  bucket  or  box  used  to  hoist  mate- 
rial from  a  mine. 
SLICKENSIDES— Smooth  polished  surface 

of  walls,  caused  by  tritureation. 
SLIMES— The  finest  ot  the  crushed  ore  and 

gangue  from  the  mills. 
SMELTING— Reduction  of  ore  in  furnaces. 
SPAR— Usually  applied  to    the    different 

lime  formations. 
SPIT — To  light  a  fuse  in  such  a  way  that 

miner  may  get  away  before  explosion. 
SPUR— A  branch  of  a  vein. 
SQUARE  SETS— A  kind    of    timbering 

used  in  large  spaces. 
STAMP  MILL— A  mill  used  for  crushing 

ores  by  means  of  stamps. 
STOPE — The  part  of  a  vein  above  or  be- 
low the  drift  from  which  the  ore  has 

been  removed. 
STOPING— Excavating  the   ore  from  the 

roof  or  floor  of  a  drift. 
STRATUM— A  bed  or  layer. 
STRIKE — Same  as  trend;  the  extension  of  a 

lode  in  a  horizontal  direction;  the  dis- 
covery of  pay  ore. 
STRINGER— Same  as  feeder. 
STULLS — A  framework  to    support    the 

rubbish  when  stoping. 
SULPHIDES— Sulphur,  with    a    metallic 

earthy  or  alkaline  base. 
SUMP— A  well  at  the  bottom  of  a  shaft  to 

collect  water. 
TAILINGS— The  refuse  left  after  washing 

ores  containing  metals  not  saved  in  the 

first  treatment. 
TRAM— To  remove  ore  or  waste  in  a  car; 

an  ore  car. 

TRAMWAY— Tracks  in  a  tunnel  or  drift. 
TUNNEL— A  level  driven  on  or  across  a 

vein. 

TUNNEL  MOUTH— Entrance  to  tunnel. 
UPRAISE— A  shaft  or  winze    excavated 

from  below. 
VEIN — The  pay  or  mineralized  portion  of 

a  lode. 
WALLS— The  sides  next  to  the  lode  or 

mineral  matter. 
WASH— Same  as  slide;  surface  matter  that 

washes  down  from  the  hills  and  covers 

the  bedrock. 

WHIM— A  machine  for  raising  ore  or  refuse. 
WINZE— An  interior  shaft  sunk  from  one 

level  to  another. 

*    *    *    * 

Lift  of  abbreviations  commonly  employed 
in  milling,  smelting  and  assaying: 

Ag.    Silver.  Au.    Gold. 

Co.    Copper.  Fe.    Iron. 

Pb.    Lead.  Si.    Silicon. 

Sio  2.    Silica  or  Quartz. 
S.    Sulphur.  Zn.    Zinc. 


A  MINE  INTERIOR— One  of  the  Big  Five. 


Cross  section  in  Adit  Tunnel,  showing  junction  of  Ni  Wot  or  North  Branch  with  the  Main  Line. 


*  *********+***++***+++*+*< 


M 
W 


your  Money 


: 


THE  money  you  pay  in  for  stock  in  the  Timberline  J 
Mines  Company  is  simply  on  deposit,  the  same  as 
in  a  bank,  until  you  are  satisfied.  There  is  a  string 
tied  to  every  dollar.  We  accept  your  money  and  sub- 
scription to  the  stock  with  the  distinct  understanding 
that  if  you  examine  the  mines,  personally  or  by  a  repre- 
sentative, within  three  months  from  the  date  of  your 
subscription,  and  are  not  satisfied,  your  money 
will  be  returned  and  your  subscription  canceled. 
This  is  the  string  tied  to  the  money  you  send  us. 

The  following  are  the  facts  upon  which  you  are  asked  to  join  us  : 

The  Timberline  Mines  Company  owns  twenty  mining  claims— about  one  hundred  acres.  Fifteen  of 
them  are  surveyed  for  patent;  five  others  will  be  surveyed  during  the  present  season.  This  ground  is 
shown  in  brown  on  the  accompanying  colored  map,  and  in  black  on  the  Adit  Tunnel  map. 

The  Timberline  Mines  Company  is  «ne  of  the  Big  Five. 

The  main  line  of  the  Adit  Tunnel  is  no*  (April  i,  1903),  3781  fiet  in,  and  the  North  Branch  to 
the  Ni  Wot  and  Columbia  mines  is  i,?S8  feet  in.  The  main  line  of  this  tunnel  will  enter  the  Timberline 
ground  in  a  further  distance  of  2,600  feet,  at  a  depth  of  1,125  feet,  reaching  at  the  apex  of  the  moun- 
tain a  maximum  depth  of  1,850  feet.  The  Timberline  Ccmpany  owns  6,000  feet  of  the  Dew  Drop  vein. 

All  money  you  pay  for  treasury  stocK  will  be  reinvested  in  the  Adit  Tunnel,  Dew  Drop  Mill  and 
Sunset  Tunnel,  and  you  will  share  in  all  profits  from  mil  ling  and  tramming  of  ore  and  waste  for  all  time. 


Not  one  dollar  received  tor  TimberlVe  stock  will  be  used  in  completing  the  North  Branch  to 
the  Ni  Wot  and  Columbia  mines.  This  i\amply  provided  for  by  these  companies. 

There  will  be  no  salary  paid  to  any  officers  or  directors  of  the  Company. 

The  office  expenses  of  the  Big  Five,  oflttiich  the  Timberline  is  a  part,  will  be  apportioned 
among  the  seven  companies.  The  expense  of\Kending  out  printed  matter,  incorporation  of  the 
company  and  paying  stockholders'  subscriptions^)  the  Mining  World,  is  met  by  the  sale  of  a 
,  »  special  block  of  stock.  Not  one  cent  will  come  frorkthe  treasury  tor  these  purposes. 


The  main  line  of  the  Adit  Tunnel  is  now  making  a  monthly  progress  of  130  feet  along  the  vein 
toward  the  Timberline.  This  rate  will  be  increased  as  much  as  possible. 

We  have  opened  in  the  Dew  Drop  and  A^it  ground  on  this  vein  already,  approximately  300,000 
Jons  of  ore. 

The  Timberlinfi  mines  are  all  paid  for  and  titles  perfect.  The  policy  of  the  Big  Five  is,  and 
s  will  be,  to  never  get  in  debt. 


Upon  the  foregoing  representations,^^  ask  you  to  join  us  and  take  as  large  a  block 
of  Timberline  stock  as  possible,  in  accordant  with  the  terms  of  the  subscription  blank. 


COME  AND  SEE  THE  MINES. 


E  THE 


We  prefer  $»at  every  man,  before  he  lets  go  his  hard  earneH^poney,  should  satisfy  himself  by  a  per- 
sonal examination  of  the  mines,  and  he  has  three  months  in  whicTvto  do  this.  The  Company  furnishes 
entertainment  at-  the  mines  —  clean  beds  and  plain,  wholesome  food.  TnS^isit  can  best  be  made  during  the 
summer  months. 

Any  person  subscribing  for  ten  thousand  shares  or  more  of  stock,  or  any  ] 
son  representing  10,000  or  more  shares,  subscribed  by  himself  and  others,  may  come^ 
and  examine  the  property  and  books  of  the  Company  any  time  within  six  months 
from  date  of  subscription,  and  his  expenses  from  home  to  the  mines  and  back  home 
again  will  be  paid  by  the  Company. 

We  urge  you  not  to  come  in  the  winter  months;  come,  if  possible,  between 
May  and  November,  and  spend  one  day  looking  through  the  works  and  the  vast 
bodies  of  ore  shown  in  the  tunnels.  After  looking  over  the  entire  enterprise,  the 

books,  the  management  and  all  features  of  reinvestment  if  you  have  bought  much  or  little  stock,  in  a  club 
or  alone,  and  think  you  can  find  any  other  investment  that  promises  more  profits,  you  can  pull  the  string 
and  get  your  money  back. 

Did.you  ever  see  a  fairer  or  squarer  proposition  for  investment  ? 

Under  these  conditions,  will  you  join  us  ?     If  so,  .say  so.     Subscription  blanks  enclosed. 


! 


TIMBERL.INE    MINES    COMPANY,       '. 

TO3       KlTTREDQE       BUIUDING. 
DENVER.      COLO. 


